Welcome to R&R Consulting, a true credit rating agency

Welcome to R&R Consulting

R&R Consulting is a true financial engineering firm. Our flagship product is dynamic credit ratings.

SEC-designated (NRSRO) credit ratings are naturally “stale.” Credit-sensitive data are haphazardly reflected in the rating, which can lead to both underestimation and overstatement of payment risk. The stale rating problem is at the heart of the Credit Crisis of 2007 and the Asian Crisis. R&R Consulting was founded in 2000 to offer the market a transparent, unbiased, user-friendly alternative to stale ratings.

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By Credit Spectrum Corp. | Terms of Use

Comparative Table of Performance Measures on U.S. Ford and Santander senior auto ABS bonds, 2012-2014

3 YR Avg.3 YR Avg.201220122013201320142014
FordSantanderFordSantanderFordSantanderFordSantander
Collateral-LevelInitial WAC4.34%16.59%4.56%17.00%4.41%16.64%3.96%16.22%
Collateral-LevelInitial Avg. Life (Year)1.932.532.042.511.932.801.772.27
Collateral-LevelExpected Loss1.19%10.02%0.88%10.14%0.82%9.73%2.10%10.18%
Security-LevelInitial O/C Pct.1.94%8.98%2.01%8.50%1.27%8.70%2.76%9.75%
Security-LevelInitial Senior Pct.85.12%62.54%84.24%62.97%85.36%64.01%86.00%60.64%
A1A1A1A1A1A1A1A1
Security-LevelInitial Pct.22.63%18.00%21.94%20.58%22.83%14.22%23.26%19.35%
Security-LevelCoupon Rate0.25%0.30%0.31%0.39%0.22%0.26%0.21%0.26%
Security-LevelInitial FMV100.07100.08100.10100.11100.05100.05100.05100.07
Security-LevelInitial Rating (BP)0.000.000.000.000.000.000.000.00
Security-LevelInitial Duration (Month)-4.11-3.83-4.16-4.91-4.11-3.33-3.72-3.26
Security-LevelInitial Avg. Life (Year)0.340.320.370.410.340.280.310.27
Security-LevelCurrent FMV100.01100.00100.00100.00100.00100.00100.02100.01
Security-LevelCurrent Rating (BP)0.000.000.000.000.000.000.000.00
A2A2A2A2A2A2A2A2
Security-LevelInitial Pct. (A&B)31.41%30.23%30.33%30.23%31.42%29.71%32.84%30.54%
Security-LevelCoupon Rate (A)0.49%0.71%0.52%0.85%0.44%0.61%0.52%0.63%
Security-LevelInitial FMV100.40101.84100.48100.87100.33101.78100.38100.49
Security-LevelInitial Rating (BP)0.000.210.000.130.000.000.000.36
Security-LevelInitial Duration (Month)-14.28-15.19-14.94-16.34-14.38-15.28-13.27-13.95
Security-LevelInitial Avg. Life (Year)1.201.281.251.381.211.301.111.17
Security-LevelCurrent FMV100.09100.12100.00100.00100.04100.03100.27100.32
Security-LevelCurrent Rating (BP)0.000.000.000.000.000.000.000.00
A3A3A3A3A3A3A3A3
Security-LevelInitial Pct.31.09%14.04%31.97%12.16%31.10%20.08%29.89%10.75%
Security-LevelCoupon Rate0.73%0.96%0.66%1.09%0.65%0.79%0.91%0.94%
Security-LevelInitial FMV100.7795.80100.91101.82100.61101.01100.78100.86
Security-LevelInitial Rating (BP)0.061.770.0020.000.000.770.221.56
Security-LevelInitial Duration (Month)-30.29-27.75-29.52-27.55-30.80-30.36-28.03-25.34
Security-LevelInitial Avg. Life (Year)2.572.362.672.362.612.582.392.15
Security-LevelCurrent FMV100.40100.54100.13100.00100.44100.77100.71100.86
Security-LevelCurrent Rating (BP)0.050.010.000.000.000.000.180.03

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