X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In the past three years, corporate investigator Jules Kroll’s Kroll Bond Rating Agency has quickly risen to the top as a rater of commercial mortgage-backed securities. Thanks in part to the fact that Standard & Poor’s has been locked out of the commercial-mortgage market since backing out of a 2011 deal, Kroll’s company has established itself firmly and provided a counterweight to Moody’s, which dominates the market for such ratings.

Kroll tells the Wall Street Journal that his company issues more detailed reports earlier than his competitors. He has also been able to nab top analysts from other companies like S&P. Kroll has expanded to cover municipal bonds and residential mortgage-backed securities, but those businesses are not yet profitable, while Kroll expects a 25% profit margin on its work rating commercial mortgage-backed securities by the end of 2013.

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

Dig Deeper

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.