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Bond Rating Agencies Headlines
Kroll Bond Rating Agency Releases Credit Union Rating Methodology – A New Financial Strength Model
Kroll Bond Rating Agency’s Subscription Rating Service published a new rating methodology for U.S. Credit Unions . A central feature of the new rating methodology is a revised statistical scoring system that was designed to improve the transparency of KBRA’s ratings and enhance ratings accuracy.
Maryland struggling to avoid bond rating downgrade
ANNAPOLIS — Despite the state’s efforts to remain fiscally sound, Maryland is struggling to avoid the downgrading of its cherished top triple A bond rating due to possible federal budget cuts, State Treasurer Nancy K. Kopp has told the House Appropriations Committee. “It’s very frustrating because everything you do, everything we do, they agree is top [...]
Two bond rating agencies rap California's scramble for dissolution of economic development agencies
The Fontana and Rialto city councils scrambled on Tuesday night to approve measures paving the way for a Feb. 1 deadline for the dissolution of their redevelopment agencies.
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