-

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 BBB- Rating to Board of Education of the City of Chicago Unlimited Tax General Obligation Bonds (Dedicated Revenues), Series 2026A; Affirms Related Ratings; Outlook Remains Negative

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of BBB- to the Board of Education of the City of Chicago Unlimited Tax General Obligation Bonds (Dedicated Revenues), Series 2026A. KBRA additionally affirms the long-term ratings of BBB- for the District's Unlimited Tax General Obligation Bonds (Dedicated Revenues) without special revenue legal opinions and BBB for the District's Unlimited Tax General Obligation Bonds (Dedicated Revenues) with special revenue legal opinions. The rating...

KBRA Assigns Preliminary Ratings to US Signal Issuer LLC and US Signal Co-Issuer LLC Series 2026-1/2

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes from US Signal Issuer LLC and US Signal Co-Issuer LLC Series 2026-1 and Series 2026-2 (together, Series 2026-1/2), a colocation data center ABS transaction. The transaction represents the first ABS issuance issued by US Signal Issuer LLC and US Signal Co-Issuer LLC. All series share in the same collateral pool. US Signal Company, LLC (US Signal or the Manager) serves as the manager for the trust and is respons...

KBRA Assigns Preliminary Ratings to Foundation Finance Trust 2026-2

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to five classes of notes issued by Foundation Finance Trust 2026-2 (“FFIN 2026-2”), an asset-backed securitization collateralized by unsecured consumer loans primarily used for home improvements. FFIN 2026-2 will issue five classes of notes totaling $353.79 million, collateralized by $380.0 million receivables. FFIN 2026-2 has initial credit enhancement levels ranging from 46.90% for the Class A notes to 7.40% for the Class E notes. Cr...
Back to Newsroom