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Posts Tagged ‘ Fitch ’

Fitch sees 10% drop in home prices in 2011, negative outlook for MBS

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Fitch sees 10% drop in home prices in 2011, negative outlook for MBS

Fitch Ratings expects another 10% decline in home prices in 2011, as the supply of distressed properties continues to weigh down the housing market. Accordingly, analysts maintained the agency's negative outlook for the residential mortgage-backed securities space and said 53% of all investment-grade RMBS rated by Fitch have a negative outlook. The number of...
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Fitch Rates Famsa’s US$200MM Proposed Sr. Notes ‘B+/RR4′

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Fitch Rates Famsa’s US0MM Proposed Sr. Notes ‘B+/RR4′ MONTERREY, Mexico—-Fitch Ratings has assigned a ‘B+/RR4′ rating to the up to US0 million of Grupo Famsa, S.A.B. de C.V. proposed senior notes due in up to five years. Proceeds from the issuance will be used to refinance current debt as well as for general corporate...
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