-

KBRA Releases 12 Things in Credit: November 2025

NEW YORK--(BUSINESS WIRE)--KBRA releases its latest 12 Things in Credit report, highlighting timely credit market themes drawn from our weekly podcast, 3 Things in Credit, hosted by KBRA’s Chief Strategist, Van Hesser. Among the wide-ranging topics Van discusses in this issue are stimulus tailwinds building into 2026, clarifying growth in private credit, and the credit implications of the reduction in uncertainty.

Each Friday, the podcast covers three Things impacting credit that market participants should know about. After every four episodes—12 Things total—we compile the transcripts into one publication, making it easy to catch up on anything you missed.

Click here to view the report.

Related Publications

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1012668

Contacts

Van Hesser, Chief Market Strategist
+1 646-731-2305
van.hesser@kbra.com

Kroll Bond Rating Agency, LLC

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

Release Versions

Contacts

Van Hesser, Chief Market Strategist
+1 646-731-2305
van.hesser@kbra.com

Social Media Profiles
More News From Kroll Bond Rating Agency, LLC

KBRA Assigns Preliminary Ratings to IGS Solar Shamrock Issuer 2026-1, LLC

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to two classes of notes issued by IGS Solar Shamrock Issuer 2026-1, LLC. The transaction is collateralized by a diversified pool of 18,488 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems). The total Aggregate Discounted Solar Asset Balance (ADSAB) based on a discount rate of 7.25%, consisting of the discounted payments of the leases and PPAs, is approximately $374.7 m...

KBRA Assigns Preliminary Ratings to Hildene 2026-NQM1 Mortgage Trust (HILD 2026-NQM1)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from Hildene 2026-NQM1 Mortgage Trust (HILD 2026-NQM1), an RMBS transaction sponsored by Hildene-CCC Loan Acquisition II, LLC (“Hildene”), with mortgage loans acquired from Button Finance, Inc., acting as the aggregator. The $292.5 million transaction is collateralized by a pool of 381 residential mortgages, including a meaningful concentration of collateral that KBRA considers to be...

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV10 (PMTLT 2026-INV10)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 99 classes of mortgage-backed notes from PMT Loan Trust 2026-INV10 (PMTLT 2026-INV10), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-INV10 comprises 1,081 fixed-rate mortgages (FRMs) with an aggregate principal balance of $409.1 million as of the November 1, 2026 cut-off date. The underlying pool consists of agency-eligibl...
Back to Newsroom