Dominion Bond Rating Service Ltd. has confirmed the credit ratings of Industrial Alliance Insurance and Financial Services Inc. and Industrial Alliance Capital Trust, all with continuing stable trends.“As a mid-sized player in an industry dominated by three much larger competitors, IA is still able to compete effectively given its focus on multi-channel distribution and the […]
Dominion Bond Rating Service is concerned about the possible risks that investors in mortgage-backed securities could face from the possible inclusion of so-called “predatory loans.”DBRS says that it believes the inclusion of predatory loans in a transaction raises the risk profile of a transaction, which in turn affects its criteria for rating U.S. mortgage transactions. […]
DBRS study upgrades classification for number of industries