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NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 128 classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2025-INV2 (JPMMT 2025-INV2), a prime RMBS transaction comprising 450 residential mortgages with an aggregate interest-bearing principal balance of approximately $328.7 million as of the cut-off date. The underlying collateral includes both conforming (36.9%) and non-conforming (63.1%) loans and is secured entirely by investment properties. The pool is...

LOS ANGELES--(BUSINESS WIRE)--The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for December 2025, January 2026, and February 2026 as follows: Regular Monthly Distributions: Month   Rate per Common Share   Record Date   Payable Date December 2025   $0.2083   December 16, 2025   December 30, 2025  January 2026   $0.2083    January 15, 2026    January 30, 2026  February 2026   $0.2083    February 13, 2026    Februar...

LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced the appointment of Seungho Park as President and Chief Executive Officer of both the Company and the Bank, effective as of 11/21, 2025. Mr. Park will be replacing Richard Koh, who served in this position since April of this year and first joined the organization as Chief Financial Officer in 2023. Seungho Park has most recently se...

FORT WORTH, Texas--(BUSINESS WIRE)--With the federal government now reopened following a 43-day shutdown, First Command Financial Services, Inc. has announced that it extended more than $10 million in financial support to military families and federal workers— including a $5 million, interest-free line of credit to Coast Guard Mutual Assistance (CGMA). More than 900 clients and their families participated in First Command’s shutdown relief program, which offered zero-interest payroll advances a...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 6 classes of Mortgage Participation Pass-Through Certificates from J.P. Morgan Mortgage Trust 2025-HE3 (JPMMT 2025-HE3). J.P. Morgan Mortgage Trust 2025-HE3 (JPMMT 2025-HE3) is a $600.0 million RMBS transaction sponsored by JPMorgan Chase Bank, National Association (JPMCB) and Mercury-Redstone Holdings LLC consisting entirely of first and second lien home equity line of credit (HELOC) loans. The underlying pool is seasoned approxima...

PITTSBURGH--(BUSINESS WIRE)--The Federal Home Loan Bank of Pittsburgh announced the results of its 2025 Board election....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Castle Harbour Insurance Limited (Castle Harbour) and Harrington Sound Insurance Limited (Harrington). These companies are captive insurance companies of SLB N.V. (SLB). The outlook of these Credit Ratings (ratings) is stable. Both captives are domiciled in Bermuda. The ratings of Castle Harbour and Harrington reflect the companies’ b...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from BRAVO Residential Funding Trust 2025-CES3 (BRAVO 2025-CES3), a $364.1 million RMBS transaction, sponsored by Loan Funding Structure LLC, an affiliate of PIMCO. BRAVO 2025-CES3 consists entirely of closed-end second lien mortgages (CES; 100.0%) and is seasoned approximately two months. The underlying pool comprises of 4,155 loans originated primarily by Rocket Mortgage, LLC (40.9%) and Penn...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces Investigation of Western Alliance Bancorporation (WAL) on Behalf of Investors...

LONDON--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Alliance Insurance (PSC) (Alliance) (United Arab Emirates). The Credit Ratings (ratings) reflect Alliance’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The revis...