-

KBRA Releases Surveillance Report for Private National Mortgage Acceptance Company, LLC

NEW YORK--(BUSINESS WIRE)--On August 18, 2023, KBRA affirmed the issuer rating of BBB- for Private National Mortgage Acceptance Company, LLC (PNMAC). The Outlook for the rating is Stable. PNMAC is a principal subsidiary of publicly traded PennyMac Financial Services, Inc. (NYSE: PFSI).

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Shannon Servaes, CFA, CPA, Managing Director
+1 301-969-3247 shannon.servaes@kbra.com

Ian Jaffe, Senior Managing Director
+1 646-731-3302 ian.jaffe@kbra.com

Business Development

Justin Fuller, Senior Director
+1 312-680-4163 justin.fuller@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Shannon Servaes, CFA, CPA, Managing Director
+1 301-969-3247 shannon.servaes@kbra.com

Ian Jaffe, Senior Managing Director
+1 646-731-3302 ian.jaffe@kbra.com

Business Development

Justin Fuller, Senior Director
+1 312-680-4163 justin.fuller@kbra.com

More News From KBRA

KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2026-4MPR (JPMMT 2026-4MPR)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage pass-through notes from J.P. Morgan Mortgage Trust 2026-4MPR (JPMMT 2026-4MPR). The pool comprises 248 first-lien, fixed rate residential mortgage loans with an aggregate principal balance of $333.5 million as of the cut-off date. The pool includes both non-agency (93.9%) and agency-eligible (6.1%) loans. The weighted average original credit score is 760, which is well within the prime mortgage range. KBRA’s r...

KBRA Assigns AA- Rating to Miami-Dade County, FL Aviation Revenue Refunding Bonds; Outlook Positive

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term AA- rating to Miami-Dade County (the County), Florida, Aviation Revenue Refunding Bonds, Series 2026A (AMT) and Aviation Revenue Refunding Bonds Series 2026B (Non-AMT) issued for Miami International Airport (MIA). Concurrently, KBRA affirms the AA- rating on the County's approximately $5.1 billion Aviation Revenue Bonds outstanding. The Outlook remains Positive. Proceeds of the Series 2026 Bonds will be used to refund certain outstanding Aviat...

KBRA Assigns AAA Rating to State of Maryland General Obligation Bonds, State and Local Facilities Loan of 2026, First Series Tax-Exempt Bonds (Competitive); Affirms Rating for Parity Bonds

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the State of Maryland General Obligation Bonds, State and Local Facilities Loan of 2026, First Series Tax-Exempt Bonds (Competitive) and affirms the long-term rating of AAA for the State's outstanding General Obligation Bonds. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Inherent strength and breadth of the State GO payment pledge E...
Back to Newsroom