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.

Recent Rating Actions

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

theSpectrum

Smiley face

Latest Post:

Kaisa Group Holdings Ltd (佳兆业集团- HK:1638) DefaultKaisa Group Holdings Ltd., a HK-listed real estate developer with large scale mixed-use real estate developments in over 30 cities in China was the first Asian credit to default in 2015. English language coverage of the story has been provided by Bloomberg, the FT, Reuters and the South China Morning Post. Chinese language coverage has been provided by Sina and Epoch […]

Click for all posts

Film Fund-amentals

Smiley face

Latest Post:

What Hollywood Thinks about ChinaHollywood’s obsession with China was a major theme of 2014. China represents the second largest film market in the world and has become a major market focus for numerous big budget American movies. It has also emerged as a bit of an enigma as Hollywood tries to second guess what the Chinese want. To Hollywood, the model for […]

Click for all posts

R&R on China

Smiley face

Latest Post:

How to incubate “AAA” technology start-ups through debt securitization20140912075903-14738342-how-to-incubate-aaa-technology-start-ups-through-debt-securitization.htm

Click for all posts

R&R微博