• Loans With Collateral

    JPMBB Commercial Mtg Sec Tr 2014-C18 — Moody’s affirms six and downgrades three classes of JPMBB 2014-C18

    Rating Action: Moody’s affirms six and downgrades three classes of JPMBB 2014-C18Global Credit Research – 17 Feb 2021Approximately $629.9 million of structured securities affectedNew York, February 17, 2021 — Moody’s Investors Service, (“Moody’s”) has affirmed the ratings on six classes and downgraded the ratings on three classes in JPMBB Commercial Mortgage Securities Trust 2014-C18, Commercial Mortgage Pass-Through Certificates, Series 2014-C18 as follows:Cl. A-4A1, Affirmed Aaa (sf); previously on Jul 1, 2019 Affirmed Aaa (sf) Cl. A-4A2, Affirmed Aaa (sf); previously on Jul 1, 2019 Affirmed Aaa (sf)Cl. A-5, Affirmed Aaa (sf); previously on Jul 1, 2019 Affirmed Aaa (sf)Cl. A-S,  

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  • Home Insurance

    AM Best Downgrades Credit Ratings of First American Property & Casualty Insurance Company and First American Specialty Insurance Company

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has downgraded the Financial Strength Rating to B++ (Good) from A (Excellent) and the Long-Term Issuer Credit Ratings to “bbb” from “a” of First American Property & Casualty Insurance Company and First American Specialty Insurance Company, collectively referred to as First American PC Companies (FAPCC). The outlook of these Credit Ratings (ratings) has been revised to negative from stable. These companies are domiciled in Santa Ana, CA. The ratings of FAPCC no longer include partial rating enhancement from its parent due to the parent’s initiation of a process to sell its property/casualty business,  

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