Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings - S&P Global Ratings’ Credit Research

Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings

Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings - S&P Global Ratings’ Credit Research
Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings
Published Oct 21, 2021
5 pages (2004 words) — Published Oct 21, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We assigned our ratings to Sixteenth Mortgage-Backed Notes Trust's series A, B, and C notes and La Hipotecaria Panamanian Mortgage Trust 2021-1's series 2021-1 certificates. Sixteenth Mortgage-Backed Notes Trust is an RMBS transaction with three series (A, B, and C notes) issued in Panama and La Hipotecaria Panamanian Mortgage Trust 2021-1 is a retranching structure of the series A notes. The ratings reflect our view on the transaction's credit support available for each of the series of notes and certificates, the deal's legal structure, counterparty risk, payment structure, and operational risks. MEXICO CITY (S&P Global Ratings) Oct. 21, 2021--S&P Global Ratings today assigned its long-term global scale ratings to Sixteenth Mortgage-Backed Notes Trust's series A, B, and C notes, a

  
Brief Excerpt:

...- We assigned our ratings to Sixteenth Mortgage-Backed Notes Trust's series A, B, and C notes and La Hipotecaria Panamanian Mortgage Trust 2021-1's series 2021-1 certificates. - Sixteenth Mortgage-Backed Notes Trust is an RMBS transaction with three series (A, B, and C notes) issued in Panama and La Hipotecaria Panamanian Mortgage Trust 2021-1 is a retranching structure of the series A notes. - The ratings reflect our view on the transaction's credit support available for each of the series of notes and certificates, the deal's legal structure, counterparty risk, payment structure, and operational risks. MEXICO CITY (S&P Global Ratings) Oct. 21, 2021--S&P Global Ratings today assigned its long-term global scale ratings to Sixteenth Mortgage-Backed Notes Trust's series A, B, and C notes, a Panamanian RMBS transaction backed by mortgage loans originated and serviced by Banco La Hipotecaria S.A. At the same time, we assigned our long-term global scale rating to La Hipotecaria Panamanian Mortgage...

  
Report Type:

Ratings Action

Issuer
Sixteenth Mortgage-Backed Notes Trust
Sector
Structured Finance
Country
Panama
Region
Latin America
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings" Oct 21, 2021. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Sixteenth-Mortgage-Backed-Notes-Trust-La-Hipotecaria-Panamanian-Mortgage-Trust-2021-1-Assigned-Ratings-2742796>
  
APA:
S&P Global Ratings’ Credit Research. (). Sixteenth Mortgage-Backed Notes Trust/La Hipotecaria Panamanian Mortgage Trust 2021-1 Assigned Ratings Oct 21, 2021. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Sixteenth-Mortgage-Backed-Notes-Trust-La-Hipotecaria-Panamanian-Mortgage-Trust-2021-1-Assigned-Ratings-2742796>
  
US$ 150.00
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