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This profile was last updated on 7/16/14  and contains information from public web pages and contributions from the ZoomInfo community.

Jeffrey J. Previdi

Wrong Jeffrey J. Previdi?

Managing Director

Local Address: New York City, New York, United States
Standard & Poor's
55 Water Street
New York, New York 10041
United States

Company Description: Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent...   more
Background

Employment History

19 Total References
Web References
Jeff Previdi, the S&P ...
www.governing.com, 16 July 2014 [cached]
Jeff Previdi, the S&P managing director for local governments who spearheaded the agency's criteria change, defended the process. He said that the criteria had been heavily tested and had gone through a public comment period. The new criteria scores municipalities in seven categories: management, economy, budgetary flexibility, institutional framework (governance), budgetary performance, liquidity and debt/liabilities. The score for economy counts for 30 percent of the total score; all other categories are given a 10 percent weight.
The intent was to make the process and scoring as transparent as possible, Previdi said. Additionally, he added, the upgrades have tended to outpace downgrades for a very simple reason: Governments are doing better now than when they were last assessed.
"When we are reviewing under the new criteria, we're not working with the same metrics of the old criteria," he said. "It's not done in a vacuum.
standard and poors
www.masshousing.com, 2 July 2001 [cached]
"The upgrade reflects the overall strength of the indenture, as well as the improved management of the Single Family program in the areas of underwriting and loan oversight," said Standard and Poor's analyst Jeffrey Previdi."We expect this will continue into the future."
MHFA expects the improved S & P bond rating to translate into savings for future low- and moderate-income homebuyers.The Agency will have added flexibility to internally subsidize its already low rates to offer specialized mortgage products designed to reach very low-income borrowers with incomes less than 60% of area median income.In April, MHFA issued a $5 million pool of mortgage money for this targeted group at the low rate of 5.5% with no points, 162 basis points below conventional rates at that time.
That's probably unlikely," said ...
www.orlandosentinel.com, 25 July 2013 [cached]
That's probably unlikely," said Jeff Previdi, Managing Director and Co-Head of Local Government Ratings at Standard and Poor's.
That's probably unlikely," said ...
www.taipeitimes.com, 20 July 2013 [cached]
That's probably unlikely," said Jeff Previdi, managing director of local government ratings at Standard and Poor's.
whbl.com
whbl.com, 25 July 2013 [cached]
That's probably unlikely," said Jeff Previdi, Managing Director and Co-Head of Local Government Ratings at Standard and Poor's.

To be sure, Detroit's financial disarray was decades in the making: a downward spiral of company departures and failures accompanied by a dramatic drop in its population, to just below 700,000 from a peak of 1.8 million, and a rise in crime.

Once the cradle of U.S. automotive industry and Motown music, Detroit appears to have run out of alternatives to bankruptcy barring a bailout from the state.

New York, Cleveland and Philadelphia previously teetered on the edge of bankruptcy but Detroit is the first major U.S. city to file for bankruptcy, pressured by $18.5 billion of outstanding liabilities.

To this point, only much smaller local governments have gone the bankruptcy route without external help and facing similar issues.

Take for example Vallejo, California, with about 116,000 people.

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