Moody's | NRZ Message Board Posts

New Residential Investment Corp.

  NRZ website

NRZ   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  3045 of 3136  at  9/22/2019 9:07:33 AM  by

Berner


 In response to msg 3043 by  rtlloyd
view thread

Re: Moody's

It should be noted that the Moody's report is a credit report, not and equity analysis. Also, I believe Moodys issued the report on their own without any input from NRZ in hope that NRZ will eventually pay them for issuing a rating (maybe it gets better if you pay them?). Since mREITs primarily rely on secured financing, very few are willing to pay the agencies for credit ratings that focus on unsecured debt.

To provide a comparison, NRZ’s credit ratings have generally been the highest in the mREIT sector based on DBRS (Dominion Bond Ratings Service, which is now part of Morningstar). DBRS ratings are available to Bloomberg subscribers and are based on several key credit metrics. Very few mREITs score as investment grade. NRZ is one of the few.


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 9     Views: 198
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board


About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help Center  •  Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
© 2003-2019 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.


Loading...