Latest news with #Rating
Business Wire
21-05-2025
- Business
- Business Wire
KBRA Assigns Preliminary Ratings to GCAT 2025-NQM2 Trust
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to eight classes of mortgage pass-through notes from GCAT 2025-NQM2 Trust, a $459.5 million non-prime RMBS transaction. The underlying collateral, comprising 810 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 752 and exhibit modest equity in each mortgaged property, with WA LTV and combined LTV (CLTV) ratios of 69.3% and 69.3%, respectively. 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. Recent 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: 1009503
Yahoo
19-05-2025
- Automotive
- Yahoo
Kyle Larson's peak is highest in today's NASCAR; how does it stack up all-time?
In the week leading up to the 2025 All-Star Race at North Wilkesboro, it was fitting that NASCAR's star of stars delivered a performance worthy of the title. Not only did Kyle Larson win his third race of the season at Sunday's AdventHealth 400 in Kansas City, but he also barely gave the field a chance — starting on pole, sweeping both stages, and leading 221 of a possible 267 laps (82.8 percent). His reward: a 149.7 Driver Rating, just a fraction shy of the perfect 150.0 mark outlined in the official rating formula. Advertisement (In football terms, Larson came up just short of a perfect 158.3 passer rating — a feat we see only once or twice per NFL season, if that often.) RELATED: All-Star Weekend schedule | Paint Scheme Preview: North Wilkesboro For Larson, it was his second near-perfect performance in the span of just four races, joining the 149.6 he posted at Bristol. And that was on the heels of a 149.7 at Bristol last fall and a literal 150.0 at the Charlotte Roval in the 2024 playoffs. At this point, it's clear: Larson is the one active driver who can roll into any track on any weekend and utterly destroy the field through the sheer force of perfection (or at least near-perfection). So just how much more likely is Larson to unleash one of these super-dominant performances than a typical driver? Let's compare the frequency at which Larson has posted a Driver Rating within various ranges over his career to the overall Cup Series average since the stat became available in 2005: As we can see, Larson posts an above-average Driver Rating far more often than the typical driver. (He's also much less likely to have a bad day than the average driver.) And while most of his competition hovers near the middle of the distribution — the 'Cup average' sweet spot is around a 70.0 rating — Larson's distribution skews heavily toward the extreme right tail of the chart. Advertisement He's logged a rating of 140 or higher in 5.6 percent of his career races, making him 6.8 times more likely than the average driver to turn in that kind of dominant day. Narrow it further to ratings of 145 or higher, and Larson does that in 2.9 percent of his races — 6.9 times the Cup average. KYLE LARSON: Driver page That's still not exactly a routine occurrence, as it can sometimes seem when Larson is on one of these red-hot streaks. But it is as close to a common sight as this kind of thing can get — at least among current-era drivers. If we go back to 2005, the earliest season when we have data on Driver Rating, Larson has the best frequency of 140+ rated races (5.6 percent), and only Jimmie Johnson (at 3.4 percent) was more likely to have a 145+ rating in any given race than Larson at 2.9 percent. Only Kevin Harvick — at 4.7 percent and 2.5 percent, respectively — was all that close to Larson and Johnson in those categories of dominance: So if Johnson is Larson's only current-era peer, what about previous eras? Advertisement We don't have Driver Ratings for seasons before 2005, but we do know what goes into the Driver Rating formula. Given that, we can use what data we do have for each pre-2005 race, plus a technique called Logistic Regression, to estimate the odds that a driver posted a rating of 140 or higher in any historical race since the modern era began in 1972. (Specifically, we'll use data points like whether or not a driver won the race, their share of laps led, their starting grid position and where they finished the race — all of which are strong predictors of Driver Rating for the years where we do have data.) Suppose we apply this to all Cup Series races from 1972-2004. In that case, we find that only six drivers are estimated to have a higher share of races with a rating of 140+ than Larson's career 5.6 percent rate: Mark Donohue (16.6 percent), Cale Yarborough (14.5), David Pearson (12.2), Jeff Gordon (7.6), Bobby Allison (7.0) and Dale Earnhardt Sr. (6.4): Donohue is a unique case, an early road-course ringer who only ran six modern-era Cup races. He won one of them — the 1973 season opener at Riverside — leading 72 percent of the laps and dominating the field. The logistic model gives him a 99.6 percent chance of posting a 140+ Driver Rating in that lone victory, which came just two years before Donohue tragically died following a crash in Formula 1. Advertisement Beyond Donohue, the remaining five drivers on the list are a who's-who of NASCAR royalty — led by Cale Yarborough, with a staggering 14.5 percent estimated frequency of 140+ rated performances. (That's more than 2.5 times Larson's rate in modern cars.) Known for his utter dominance during the 1970s, Yarborough even had a couple of wins where he led every lap, so it's not implausible that he might have rattled off a near-perfect Driver Rating that often as well. It was a different sport back then — one where Yarborough once averaged a record-low finish of 4.5 over a full season, providing another verifiable benchmark of domination from the Hall of Fame legend. With that in mind, it's a bit surprising to see Richard Petty fall below Larson on this list. The King's name is synonymous with dominating the NASCAR record book, but the model estimates a lower share of 140+ rated races than Larson. In part, that's because he led fewer laps per win on average (43.3 percent) than peers like Yarborough (54.8 percent), and in part it's because Petty's unusually long career — which stretched until age 54 in 1992 — likely diluted his peak stats as well. Anyway, all of this helps add even more context to just how dominant Larson has been, particularly in recent seasons. He may not win the title every year, but when he's on, nobody buries the field quite like the driver of the No. 5 car. As we saw at Kansas, Larson can make a 267-lap race feel like a breezy Sunday drive. And while a few all-time legends may have reached similar heights more often in their primes, nobody in this current era has a higher ceiling — or hits it more often — than Larson does.
Mint
19-05-2025
- Politics
- Mint
Barc reports surge in viewership as 507 million tune in for news during Operation Sindoor
Television news emerged as a vital source of information with 507 million viewers watching news in the week of Operation Sindoor, India's cross-border counterstrike following the Pahalgam terror attack, according to data from the television monitoring agency Broadcast Audience Research Council (Barc). Further, the news genre peaked and accounted for 16% of TV viewership during the three critical days of 7, 8 and 9 May 2025 as against the usual 6%. The Hindi news genre clocked GRPs (Gross Rating Point, a key metric that measures the total exposure of an advertisement to a target audience) of 254, as compared to 235 during the Lok Sabha elections last year, 211 during the multiple state elections of 2022, 185 during the Ram temple consecration ceremony followed by Republic Day, and 178 during the Pahalgam terror attack, Barc added. Also read: 'Not surprised with Turkey', Vikram Misri tells Parliament committee, sees no normalisation of ties soon Further, Hindi news also clocked the highest ATS (average time spent) of 60 minutes, an increase of 67% over the ATS of pre-Pahalgam weeks. The genre's share increased from 3% to 13% during the week. Daily tune-ins on Hindi news on critical days increased on the three critical days from 73 million to 142 million. Hindi news viewers Overall, 65 million new viewers (with respect to preceding weeks) tuned in to Hindi news. These new viewers had not sampled Hindi news in the last month, Barc added. Besides, in the wake of Operation Sindoor, government fact-checking units swung into high alert to highlight and debunk misleading information on social and mainstream media, and set the record straight. Their job multiplied as social media channels were flooded with unverified images of troop movements, doctored videos claiming to show missile launches, and misleading news about diplomatic escalations. Also read: JD Vance skips Israel trip amid Gaza offensive, signaling US discomfort with Netanyahu's operation: Report The news category commanded nearly a fifth of overall TV viewership at the beginning of the covid lockdown, thanks to a lack of fresh entertainment content and viewers' hunger for pandemic-related information. However, it fell to nearly 4% as the economy opened up, before rising back to 7.1% before the general election last year. The Ram temple pran pratishtha, or consecration ceremony, and Lok Sabha polling day, among others, were seen as tentpole events that led to a jump in viewership compared to a regular day, recently. Key takeaways Also read: India's crackdown on Pakistani 'spies' continues: Three 'ISI agents' arrested over two days; know details
Time Out
14-05-2025
- Time Out
Marina Bay Sands has new ultra-luxe suites with in-room karaoke systems, saunas, gyms and more
A stay at the elusive Marina Bay Sands (MBS) almost always earns a wide-eyed 'Wow…' – and it's easy to see why. For the uninitiated, MBS is one of Singapore's most iconic and luxurious five-star hotels, and it has just reached new heights with an extravagant upgrade to its hotel rooms. We're talking a staggering two-billion-dollar facelift. As of now, MBS boasts approximately 1,850 rooms, including 775 suites. The Sands Collection is one of two distinct hotel collections unveiled as part of this transformation, and it was fully refreshed last week. It now features around 1,480 rooms and suites, including family-friendly options like the Sands Family Suite priced from $680 per night, which comes with bunk beds, a kids room filled with toys and a private balcony. The other collection is the opulent Paiza Collection, which was awarded the Forbes Travel Guide Five-Star Rating in February. Here, the lavish treatment begins the moment you arrive, with the Paiza VIP Arrival Lounge offering private lifts straight to your suite and the Paiza Sky Residence, a rooftop club lounge with a whiskey bar that's exclusively for Paiza guests. The collection is serviced by a team of 160 butlers on standby around the clock – one of the largest butler teams in the world. The collection mostly features suites that come with private gyms, massage tables, and karaoke systems. Those vacationing with a bigger group can consider the three-to-four-bedroom Chairman Suite, with expansive living areas and a fully equipped kitchen and bar. On the other hand, the two-bedroom Presidential Suite comes with a state-of-the-art golf simulator programmed with world-famous golf courses, a fully integrated karaoke system and a pool table. If you're ready to splurge, consider the one-bedroom Horizon Suite that's basically a wellness retreat in itself. It comes with a Himalayan salt wall and loungers, a hammam shower, dry sauna, private gym, and two massage tables for in-room treatments with your beau.
Yahoo
12-05-2025
- Automotive
- Yahoo
Slow stop slumps Chase Elliott's winning chances at Kansas; Hamlin also derailed
KANSAS CITY, Kan. — Chase Elliott was up front, leading laps and seemingly poised to fight toward snapping a 38-race winless streak. But one miscue at Lap 198 of Sunday's AdventHealth 400 at Kansas Speedway unraveled an otherwise impressive day for the No. 9 Hendrick Motorsports Chevrolet, ultimately fading to a 15th-place finish. Advertisement MORE: Race results | Best Kansas photos Elliott had impressive speed throughout the weekend, qualifying ninth and surging to second place at the end of both stages. A strong pit stop at the end of Stage 2 propelled Elliott to the lead to restart the final stage. Elliott did his part when the green flag waved to fend off teammate Kyle Larson and RFK Racing's Brad Keselowski to maintain the top spot. A flat tire for Keselowski at Lap 195, however, triggered the first domino in derailing Elliott's day. The caution flag waved and ushered in an ensuing round of pit stops that ultimately played a pivotal role in determining the outcome of Sunday's race. Elliott led the field to pit road and planted his No. 9 Prime Video Chevrolet into pit stall No. 41, the first box nearest pit entry. All looked routine as the crew serviced the right side of the car — until jackman TJ Semke dropped the jack a millisecond too early. Rear-tire changer Chad Avrit hadn't yet secured the right-rear wheel before the car was lowered, forcing Semke to re-jack the vehicle for Avrit to tighten the lug nut. Advertisement The mistake marked the group's only significant error of the contest, but the stop anchored Elliott in the box for over 14 seconds — a relative eternity in a NASCAR world rocketing forward with common eight-second services. Elliott plummeted from the lead to 16th place and never truly recovered. The 2020 Cup champion worked his way back to 12th place in the closing laps of the contest, but Todd Gilliland, Corey Heim and Noah Gragson all eventually worked past him to drop Elliott to 15th at the checkered flag. On one hand, there are plenty of positives for Elliott, crew chief Alan Gustafson and the No. 9 crew to take from Kansas after leading 29 laps and averaging a fourth-best 6.37 running position, according to NASCAR's loop data. Per NASCAR Insights, Elliott also ranked third in Defense Rating with the fifth-best Speed Rating and seventh-best Passing Rating. But the end result dampens what could have been for Elliott, who ranked just 23rd in NASCAR Insights' Restart Rating. 'It was great for the 9 this weekend,' said Chad Knaus, Hendrick Motorsports' vice president of competition. 'They unloaded, they were good. Chase had very favorable comments about the race car straight out of the gate, which was really nice. I know that Alan and Chase are digging in deep and working extremely hard with their team to try to make sure that they do that on a weekly basis, because when they do, they execute very well. Advertisement 'It's unfortunate that issue happened today because I think we'd be sitting here with them easily in the top five with the pace that they had. But it only takes one hiccup and it can derail your day. So we've got to keep working on those things. But as long as they continue to bring good race cars and fast race cars and execute at a high level, they're going to be where we need them.' That particular round of pit stops ended others' days while propelling others back into the mix. Christopher Bell launched three spots forward to escape pit road with the lead at Lap 198 while his Joe Gibbs Racing teammate Chase Briscoe rocketed four spots up to sixth. Bell was a constant presence inside the top five Sunday, but Briscoe largely struggled to start the event before leaping to a fourth-place finish. Denny Hamlin, meanwhile, another JGR driver, suffered a mechanical failure, speculating that the transaxle broke on his No. 11 Toyota while attempting to leave his pit stall with an already-broken clutch. A handful of quick cautions in succession — first for spins by Cody Ware, Daniel Suárez and Ty Dillon, then for Kyle Busch and again for a five-car incident — jumbled the running order once again before Larson finally emerged as the day's dominant driver, leading 221 of 267 laps to score his third Kansas win.
