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Prime Healthcare Named One of Newsweek's America's Greatest Workplaces in Health Care 2025
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Business Wire
3 hours ago
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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM4 (NRMLT 2025-NQM4)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM4 (NRMLT 2025-NQM4), a $488.4 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (35.8%) and Champions Funding, LLC (25.7%). In addition, all loans will be serviced by Shellpoint Mortgage Servicing, a brand of NewRez LLC. NRMLT 2025-NQM4 is collateralized by a pool of 938 residential mortgages. Borrowers in NRMLT 2025-NQM4 possess a non-zero WA original credit score of 752 and exhibit a weighted average (WA) original loan-to-value (LTV) of 70.1% and a WA combined LTV (CLTV) of 70.2%. The loans are seasoned approximately two months and consist of 100.0% fixed-rate mortgages (FRMs). Approximately 6.6% of the pool has an initial interest-only period. KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction parties and an assessment of the transaction's legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology. To access ratings and relevant documents, click here. Click here to view the report. Related Publications Methodologies RMBS: U.S. RMBS Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1010386
Yahoo
3 hours ago
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FineMark Holdings, Inc. Reports Second Quarter 2025 Earnings
FORT MYERS, FL / / July 15, 2025 / FineMark Holdings, Inc. (OTCQX:FNBT), the parent company of FineMark National Bank & Trust has released its second quarter 2025 financial results. Results can be found on the Bank's website at FineMark Holdings, Inc. is the parent company of FineMark National Bank & Trust. Founded in 2007, FineMark is a nationally chartered bank and trust company, headquartered in Florida. Through its offices located in Florida, Arizona and South Carolina, FineMark offers a full range of financial services, including personal and business banking, lending, trust and investment services. The Corporation's common stock trades on the OTCQX under the symbol FNBT. Investor information is available on the Corporation's website at CONTACT:Ryan RobertsInvestor Relations239-461-3850investorrelations@ College Pkwy Suite 100Fort Myers, FL 33919 SOURCE: FineMark Holdings, Inc. View the original press release on ACCESS Newswire Sign in to access your portfolio