OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages ...
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $407 million remained outstanding as of March 31 ...
Two recent reports—one by the IMF and another from the Philadelphia Fed—assess credit risk transfer (CRT) transactions and conclude that the product serves as a useful tool in reallocating credit risk ...