FICO | Jotup

KBRA Assigns Preliminary Ratings to Tricolor Auto Securitization Trust 2024-2

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星期三, 五月 8, 2024

Professional Services, Finance, Class, Issuer, Empowerment, KBRA, International Capital Market Association, ABS, FICO, TAST

KBRA assigns preliminary ratings to six classes of notes issued by Tricolor Auto Securitization Trust 2024-2 (“TAST 2024-2”), a subprime auto loan ABS transaction.

Key Points:

KBRA assigns preliminary ratings to six classes of notes issued by Tricolor Auto Securitization Trust 2024-2 (“TAST 2024-2”), a subprime auto loan ABS transaction.
The transaction has initial credit enhancement ranging from 54.60% for the Class A notes to 24.10% for the Class F notes.
TAST 2024-2 represents the sixth rated ABS securitization for Tricolor Auto Acceptance, LLC (“Tricolor” or the “Company”).
KBRA considered its operational review of Tricolor, as well as several business updates with the Company since that time.

Dyna.Ai conducts global launch and unveils Dyna Athena and Dyna Avatar Solutions for the banking and financial services sector

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星期一, 五月 6, 2024

Dyna.Ai leverages the forefront of AI technology to enhance key business functions within financial and other industries.

Key Points:

Dyna.Ai leverages the forefront of AI technology to enhance key business functions within financial and other industries.
The global financial services sector is at a critical juncture, requiring enterprises to adapt rapidly to the AI disruption that's happening right in front of them.
The AI platform includes two solutions, one is Dyna Athena for text-to-speech, language and speech processing, and another one is Dyna Avatar for digital human interactions.
Dyna Avatar provides real-time digital human interactions, featuring automatic speech recognition and dynamic experiences powered by conversational AI.

Kalamata.com Closes Securitization of Up to $500 Million to Provide Financing for Small Businesses

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星期四, 五月 2, 2024

Finance, Banking, Professional Services, Small Business, Fintech, Holland & Knight, Luigi, KBRA, FICO, Small business, Guggenheim Partners, Record, Growth, Bank

The transaction, which closed on April 9, 2024, involved the issuance of two classes of notes initially totaling $80 million, and expandable up to $500 million.

Key Points:

The transaction, which closed on April 9, 2024, involved the issuance of two classes of notes initially totaling $80 million, and expandable up to $500 million.
This milestone is a significant achievement for Kalamata, with KBRA assigning an investment grade “BBB” credit rating to the senior notes.
The weighted average credit score of the small business owners, annualized revenue, and time in business in the initial pool is 716, $5.8 million, and 12 years, respectively.
Kalamata’s transaction comes at a critical time for small businesses because, unfortunately, recent regional bank troubles have led to an even greater retrenchment of traditional banks’ lending to small businesses.

COGNIZANT REPORTS FIRST QUARTER 2024 RESULTS

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星期三, 五月 1, 2024

The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.

Key Points:

The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.
In April 2024, the Company declared a quarterly cash dividend of $0.30 per share for shareholders of record on May 20, 2024.
The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com .
An earnings supplement will also be available on the Cognizant website at the time of the conference call.

Cohome Launches Innovative Fractional Ownership Marketplace to Transform Real Estate Investment for Retail Investors and Brokers

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星期五, 四月 26, 2024

FICO, Estate agent, W-2, Property management

This new offering is designed to democratize real estate investment, making investment home ownership accessible to a broader audience of retail investors and an effective solution for real estate brokers.

Key Points:

This new offering is designed to democratize real estate investment, making investment home ownership accessible to a broader audience of retail investors and an effective solution for real estate brokers.
Cohome is revolutionizing the real estate industry with the introduction of a fractional ownership marketplace.
Cohome has developed a marketplace that enables retail investors to acquire curated investment properties with as little as 1/8 ownership.
Real Estate Brokers are fueling our expansion while Cohome provides an innovative home ownership to their business in the new industry era.

Greenbriar Sustainable Living Webinar April 26, 2024, 11 AM PDT

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星期一, 四月 22, 2024

Federal Housing Administration, Montalva, GRB, Web conferencing, USDA, Valley Boulevard, Documentation, FHA, OTC Markets Group, FICO, Government

---- Update on Cordero Ranch, and its 3,000+ homes forecasted in Southern Utah.

Key Points:

Scottsdale, Arizona--(Newsfile Corp. - April 22, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the company will hold a webinar at 11 am PDT on April 26, 2024 for the public to discuss all of the projects for Greenbriar.
Answers and updates will be provided by Greenbriar directors' Chris Harvey and Jeff Ciachurski.
---- Summary analysis from Chris Harvey as to why as the former CEO of JP Morgan Securities, he has joined the board of Greenbriar.
The Webinar link is as follows:

Greenbriar Announces Public Webinar to Update Shareholders on All Projects

Retrieved on:

星期一, 四月 22, 2024

Federal Housing Administration, Montalva, GRB, Web conferencing, USDA, Valley Boulevard, Documentation, FHA, OTC Markets Group, FICO, Government

---- Update on Cordero Ranch, and its 3,000+ homes forecasted in Southern Utah.

Key Points:

Scottsdale, Arizona--(Newsfile Corp. - April 22, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the company will hold a webinar for the public to discuss all of the projects for Greenbriar.
Answers and updates will be provided by Greenbriar directors' Chris Harvey and Jeff Ciachurski.
---- Update on Montalva and preparations being taken to file with the FOMB.
---- Summary analysis from Chris Harvey as to why as the former CEO of JP Morgan Securities, he has joined the board of Greenbriar.

FNBO Teams Up with FICO to Expand Its Credit Transparency Program, Leading to More Financially Empowered Consumers

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星期四, 五月 2, 2024

Professional Services, Data Analytics, Technology, Software, Finance, Fintech, Banking, Small business, First National Bank, Financial inclusion, Identity theft, Empowerment, Knowledge, FNBO, FICO, Fraud, Credit, Open access, Retail

This access creates and cultivates more financially aware, literate consumers by allowing them to view their FICO Score directly on their online account or mobile app.

Key Points:

This access creates and cultivates more financially aware, literate consumers by allowing them to view their FICO Score directly on their online account or mobile app.
Expanding on its success with FICO Score Open Access, FNBO introduced an enhanced and feature-rich consumer education program known as FNBO Credit Watch℠.
Through the FNBO Credit Watch℠ program, FNBO customers can access their FICO® Score and view up to five positive and negative factors that impact their FICO Score.
“The benefits of the FICO Score Open Access and FNBO Credit Watch programs have been tremendous,” said Jerry O’Flanagan, executive vice president at FNBO.

Jersey Telecom (JT Group) Expands into North America with Advanced Fraud Prevention Platform and Solutions

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星期一, 四月 29, 2024

As real-time payments redefine the global financial landscape Jersey Telecom (JT Group) is intensifying its American operations to respond to the growing market.

Key Points:

As real-time payments redefine the global financial landscape Jersey Telecom (JT Group) is intensifying its American operations to respond to the growing market.
As an advanced mobile alert system, MoneyGuard is designed to help financial institutions fight fraud through real-time omni-channel communications including SMS, WhatsApp, push alerts, email and voice.
This trend is forecasted to continue, driven by evolving fraud threats and the increasing adoption of real time payments.
MoneyGuard tackles this challenge head-on by integrating sophisticated mobile intelligence and customer engagement capabilities into everyday financial transactions, enhancing fraud detection and prevention in real-time.

Sunrun Prices $230 million Senior Securitization of Residential Solar & Battery Systems

Retrieved on:

星期三, 四月 10, 2024

Sale, Truist, National Grid, FICO, ARD, Bank, SAN, Bank of America, ABS

“Sunrun’s industry-leading performance as an originator and servicer of residential solar assets continues to provide deep access to attractively priced capital,” said Danny Abajian, Sunrun’s Chief Financial Officer.

Key Points:

“Sunrun’s industry-leading performance as an originator and servicer of residential solar assets continues to provide deep access to attractively priced capital,” said Danny Abajian, Sunrun’s Chief Financial Officer.
The advance rate is 7 percentage points higher than the senior tranche in Sunrun’s prior securitization of more recently originated assets.
The notes are backed by a diversified portfolio of 27,094 solar rooftop systems distributed across 19 states and Washington D.C. and 65 utility service territories.
The portfolio is jointly owned by National Grid (NG) and Sunrun, with NG receiving the majority of cash flows through 2042.