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Fitch Expects to Rate Sequoia Mortgage Trust 2014-4; Presale Issued

--$270,013,000 class A-2 certificate' AAAsf'; Outlook Stable;. --$270,013,000 class A-3 exchangeable certificate' AAAsf'; Outlook Stable;. --$270,013,000 class A-4 exchangeable certificate' AAAsf'; Outlook Stable;.
Source: Business Wire
A.M. Best Upgrades Ratings of Greenlight Reinsurance Ireland, Limited

Best has upgraded the financial strength rating to A from A- and the issuer credit rating to" a" from" a-" of Greenlight Reinsurance Ireland, Limited.. Best has also affirmed the ICR of" bbb" of Greenlight Re' s holding company, Greenlight Capital Re, Ltd.. The ICR of Greenlight Capital Re is strictly based on the holding company' s methodology since it does not carry debt.
Source: Business Wire
US voters deciding on billions for conservation

The most money at stake is in Florida, California and New Jersey. "These are highly developed and dense states, and they are watching the good natural places disappear," said Will Rogers, president and CEO of the Trust for Public Land, which tracks and raises money for the ballot measures. Other states with significant conservation funding on their ballots include...
Source: The Associated Press | By: JASON DEAREN, Associated Press
10-year yield hits session lows following GDP report

U.S. sovereign bond yields fell on Thursday, with the yield curve steepening.
Source: CNBC.com | By: CNBC.com staff
El-Erian: QE effective in buying time

Mohamed El-Erian, Allianz chief economic adviser, discusses how stocks and currencies could move now that QE had ended in the U.S.
Source: CNBC.com
El-Erian's end of QE playbook

Mohamed El-Erian, Allianz chief economic adviser, thinks the Federal Reserve is trying to keep all of its options open, after the Fed announced an end to QE. El-Erian shares his best strategy.
Source: CNBC.com
Fitch to Rate Michigan Finance Authority Series 25-A; Presale Issued

--$11,000,000 Series 25- A 2017' A+ sf'; Outlook Stable;. --$11,000,000 Series 25- A 2018' A+ sf'; Outlook Stable;. --$11,000,000 Series 25- A 2019' A+ sf'; Outlook Stable;.
Source: Business Wire
Fitch: Gradual Rise in Interest Rates Would Be Net Positive for U.S. Banks

NEW YORK---- A gradual rise in interest rates would be a net positive for U.S. banks as higher rates could translate into improved earnings through improved loan growth and higher pricing, according to a Fitch Ratings report. As noted in a recent report on interest rates, Fitch's base case scenario assumes the completion of the Fed's tapering program, strengthening...
Source: Business Wire
Fitch Rates Sound Harbor Loan Fund 2014-1 Ltd./LLC

CHICAGO---- Fitch Ratings assigns the following ratings to Sound Harbor Loan Fund 2014-1 Ltd./ LLC:. --$281,200,000 class A-1 notes' AAAsf'; Outlook Stable. Sound Harbor Loan Fund 2014-1 Ltd. and Sound Harbor Loan Fund 2014-1 LLC together comprise an arbitrage cash flow collateralized loan obligation that will be managed by Sound Harbor Partners LLC.
Source: Business Wire
Yangtze River Economic Belt

The Cover Story: Vein of Gold highlights the "golden waterway" of the Yangtze River accommodates 60 percent of the freight traffic for China's inland provinces. 85 percent of the country's coal and iron ore is produced in the river's basin, and more than 90 percent of foreign trade cargo produced in China's interior is transported via the Yangtze to the nation's...
Source: PR Newswire