Remaining 2016 STACR Debt Notes Receive NAIC Designations
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 01/31/17 -- (OTCQB: FMCC) today announced that six additional Structured Agency Credit Risk debt notes have received designations by the for the 2016 filing year. With these additions, all of the company''s 2016 STACR debt notes have received .
NAIC Designations are the specific alphanumeric symbols in use by the NAIC SVO to denote a category of credit quality. The NAIC''s Structured Securities Group (SSG) is responsible for the day-to-day credit quality assessment and valuation of securities owned by state regulated insurance companies. The SVO conducts credit analysis on these securities for the purpose of assigning an NAIC designation and/or unit price. The NAIC designation categories are described on the NAIC''s SSG .
The National Association of Insurance Commissioners 2016 Mortgage Reference Securities Report is not a substitute for or functional equivalent of the credit ratings of rating agencies and is not produced to permit investors to compare the likelihood of default or of full and timely payment between one or more securities.
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Datum: 31.01.2017 - 08:46 Uhr
Sprache: Deutsch
News-ID 1483669
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