| | U.S. Residential Mortgage Re-REMIC Criteria This report summarizes Fitch Ratings' current criteria used for analyzing credit risk in the issuance of new securities that are backed by securities of U.S. residential mortgages. The term used to refer to the new securitization of one or more real ...more Fitch Ratings (8/20/2009)
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| | Fitch: Lehman Legal Challenge May Have Varying Impact on Global Structured Finance Ratings on global structured finance transactions with material derivative exposure to U.S. based counterparties may be adversely affected by pending litigation related to the Lehman Brothers bankruptcy filing, according to Fitch Ratings. Related cases ...more Fitch Ratings (8/14/2009)
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| | Off-Balance Sheet Accounting Changes: SFAS 166 and SFAS 167 On June 12, 2009, the Financial Accounting Standards Board published two new accounting standards (Statement of Financial Accounting Standard [SFAS] 166 and SFAS 167) that determine whether securitizations and other transfers of financial ...more Fitch Ratings (6/22/2009)
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| | FASB/IASB Proposed Changes on Financial Statement Presentation: Is It Time for Change? Investors and analysts have a new financial statement presentation format to ponder. A
proposed overhaul of current financial statements was unveiled by standard-setters in
October 2008. The currently proposed format would radically change the ...more Fitch Ratings (5/12/2009)
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| | FASB Impairment and Fair Value Proposals - More Disclosures Would Benefit Investors The Financial Accounting Standards Board (FASB) recently proposed modifications to
U.S. generally accepted accounting principles (GAAP) that will change the method for
determining whether an investment is other-than-temporarily impaired
...more Fitch Ratings (3/31/2009)
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| | Australian Structured Finance 2009 Outlook Throughout 2008 the global financial crisis was slow to materialise in Australia and
on the whole, the Australian economy performed well. GDP growth stood at 2.4%
for the year and unemployment finished the year at 4.6% (near 30 year low levels). ...more Fitch Ratings (3/27/2009)
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| | Proposed Basel II Amendments to Impact Structured Finance, Particularly ABCP Fitch Ratings says today that new proposals for updating the Basel II framework would impact structured finance globally and the asset-backed commercial paper (ABCP) market in particular. The proposals, published last month by the Bank for International ...more Fitch Ratings (2/18/2009)
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| | Ensuring Reliability and Transparency in the Ratings Process The unprecedented events that have taken place illustrate the sensitivity and interdependence of credit events on the world's financial markets. As market conditions have evolved, Fitch Ratings has taken numerous steps to enhance the quality and ...more Fitch Ratings (2/12/2009)
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| | Outlook for Securitisation in China There is great demand for securitisation in China both from issuers and investors in the capital markets. The securitisation market has developed steadily over the past three years, yet the pace of development has been slower than expected. ...more Fitch Ratings (11/5/2008)
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| | TARP Impact Positive for Financial Institutions Fitch believes the US Dept of Treasury proposal dubbed TARP (Troubled Asset Relief Plan) is important for the health and recovery of the US financial markets as a whole. At the same time, Fitch recognizes several pre-emptive regulatory actions that ...more Fitch Ratings (10/10/2008)
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| | Ups and Downs in Asia's Main Securitisation Markets - A Mid-Year Review for Korea, Singapore and China Thus far in 2008 non-Japan Asia has issued and closed fourteen cross-border transactions. This slightly exceeded the deal volume during the same period in 2007 when eleven cross-border transactions closed. Transactions in 2007 featured CMBS ...more Fitch Ratings (9/8/2008)
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| | ABCs of U.S. Covered Bonds This report provides a brief introduction to covered bonds, how they compare to U.S. residential mortgage−backed securities (RMBS) and what factors issuers and investors should analyze when considering covered bonds issued in the U.S. The report ...more Fitch Ratings (9/3/2008)
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| | Global Rating Criteria for Project Finance Collateralised Debt Obligations This criteria report details Fitch Ratings?f quantitative and qualitative methodology for analysing the credit risk of portfolios of project finance (PF) loans. PF collateralised debt obligations (CDOs) reference non?]recourse financing of longterm ...more Fitch Ratings (8/18/2008)
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| | Fitch Upgrades CentreStar's ABCP To 'F1+' On Move To Full Support ( National Australia Bank ) Fitch Ratings has today upgraded the rating for the commercial paper (CP) issued by CentreStar Capital No. 1 LLC and CentreStar Capital (Europe) Ltd. (together, CentreStar) to 'F1+' from 'F1' following a programme restructure to fully support the ...more (8/15/2008)
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| | Unstructuring Structured Finance: A Closer Look at Loan-Level and Pool-Level Credit Quality Indicators This report provides a macro view of metrics useful in evaluating the fundamental credit quality of securitized assets, both from loan-level and pool-level perspectives. The focus is on several major asset classes underlying U.S. structured finance ...more Fitch Ratings (7/23/2008)
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| | Fair Value Disclosures: A Reality Check The need for better fair value disclosures is an important part of the ongoing fair value debate. Fitch's analysts sometimes have the opportunity to talk to managements about issues that are not in the public domain, and the degree of reliability and ...more Fitch Ratings (6/26/2008)
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| | Stressless Securitisation Although there was a substantial decline in public issuance in the first quarter of 2008 compared to the same period last year, it is of note that securitisation activity is continuing, albeit at a slower pace, but using different distribution channels. ...more Fitch Ratings (6/26/2008)
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| | Basel II Correlation Values: An Empirical Analysis of EL, UL and the IRB Model This report provides an empirical study of the Basel II asset value correlation assumptions for the internal ratings-based (IRB) approach. By statistically analyzing empirical loss data within the context of the IRB modeling framework, Fitch Ratings is ...more Fitch Ratings (5/19/2008)
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| | Increased Interest in Insurance Linked Securitisation Fitch Ratings has said today that although Insurance Linked Securitisation (ILS) is by no means new, this asset class is receiving increased attention from issuers. Potential insurance issuers and structurers have shown renewed interest ...more Fitch Ratings (5/8/2008)
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| | European Structured Finance Market Active despite Challenging Conditions Fitch Ratings has said today that despite the current market conditions and lack of investor appetite, the continental European structured finance market has remained surprisingly active during the first quarter of 2008, mainly driven by the ...more Fitch Ratings (4/30/2008)
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| | Fair Value Accounting: Is It Helpful In Illiquid Markets?ÿ Volatile financial market conditions have caused many reporting financial institutions to call for a relaxation of fair value accounting, allowing issuers the option of changing from fair value to historical cost accounting. In Fitch Ratings' ...more Fitch Ratings (4/28/2008)
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| | Fitch Ratings 1991-2007 Global Structured Finance Transition and Default Study This research study analyzes in depth the rating transition and default
experience of global structured finance securities rated by Fitch Ratings in 2007, as well as over the period from 1991-2007. Rating migrations are examined across the major ...more Fitch Ratings (4/18/2008)
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| | The Difference Between Traditional ABCP Conduits and SIVs Theÿ secondÿ halfÿ ofÿ 2007ÿ provedÿ highlyÿ eventfulÿ forÿ theÿ creditÿ
markets.ÿ Asÿ fearsÿ ofÿ USÿ subprimeÿ exposureÿ resultedÿ inÿ aÿ
widespreadÿ liquidityÿ crisis,ÿ programmesÿ suchÿ asÿ assetðbackedÿ
commercialÿ paperÿ (ABCP)ÿ conduitsÿ andÿ ...more Fitch Ratings (4/10/2008)
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| | The Impact of Poor Underwriting Practices and Fraud in Subprime RMBS Performance Residential mortgage-backed securities (RMBS) issued in 2006 and 2007, backed by pools of subprime mortgages, are substantially underperforming initial performance expectations, resulting in ratings
downgrades and heightened risk of principal ...more Fitch Ratings (11/28/2007)
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| | Asset-Backed Commercial Paper & Global Banks Exposure - 10 Key Questions Banks, acting as sponsors of Asset-Backed Commercial Paper (ABCP) programmes have been at the epicentre of a rapidly developing storm in the commercial paper market. The root cause for this disruption can be traced back to the US subprime mortgage ...more Fitch Ratings (9/12/2007)
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| | Limited Direct Impact on Asia-Pacific Banks from Subprime Exposure Fitch Ratings has reviewed the exposures of most of its rated Asia-Pacific banks to US subprime-backed structured securities and found that direct exposures are low, generally amounting to just a few percent of the investing ...more Fitch Ratings (8/22/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Subprime Mortgage Fallout Trickles to CDOs of REIT TruPS. Fitch recently placed the junior classes of notes from six collateralized debt obligations primarily backed by trust preferred securities issued by real estate investment trusts ...more Fitch Ratings (8/21/2007)
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| | Global Criteria Change for U.S. Structured Finance CDOs Reflects Heightened Subprime Risks Fitch has revised its methodology for rating structured finance collateralized debt obligations (SF CDOs) to reflect the increased risk associated with subprime residential mortgage-backed securities (RMBS) as portfolio collateral. The ...more Fitch Ratings (8/15/2007)
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| | Inside the Ratings: What Credit Ratings Mean Fitch's credit ratings provide an independent, timely and prospective opinion on the creditworthiness of an entity or transaction. Fitch has built a reputation for insightful research and analytical excellence
and has developed many different ...more Fitch Ratings (8/7/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Fitch Puts 19 SF CDOs on Watch Negative. Fitch has placed thirty-three classes from 19 structured finance (SF) CDOs on Rating Watch Negative (RWN) for ...more Fitch Ratings (7/17/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Hedge Funds' Influence Loom over Structured Credit Markets. Hedge funds' influence in both the cash and credit derivatives markets has been accelerating in ...more Fitch Ratings (6/12/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Fitch U.S. SF Ratings Show Strong Performance.
U.S. structured finance (SF) ratings capped a healthy year in 2006 with upgrades outpacing downgrades. Rating ...more Fitch Ratings (5/15/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Fitch Sheds Light on First Generation CPDOs. Constant proportion debt obligations (CPDOs) are one of the latest innovations to enter the structured credit ...more Fitch Ratings (4/24/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Credit default swap (CDS) spreads have reversed course from the pattern of ever tightening spread levels experienced throughout 2006 ...more Fitch Ratings (4/3/2007)
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| | Fitch: European RMBS Shrugs Off UK Sub-Prime Challenges Fitch Ratings says that the UK RMBS market continues to be at the forefront of European RMBS issuance growth despite some concerns regarding ...more Fitch Ratings (3/21/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Synthetic Index Reflects Slight Credit Deterioration. Derivative Fitch's proprietary Synthetic Index saw some credit deterioration from the period ...more Fitch Ratings (3/14/2007)
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| | Fitch: Stable Performance Continues in Q406 for European Auto ABS Fitch Ratings says today that European auto ABS securitisation deals have continued their stable performance in Q406. In Fitch's latest quarterly auto ...more Fitch Ratings (3/12/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News Derivative Fitch has launched a beta version of its proprietary VECTOR model for collateralized commodities obligations (CCO). The beta model ...more Fitch Ratings (2/13/2007)
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| | 2007 Franchise Loan Outlook and 2006 Performance Review Fitch Ratings' 2007 outlook for the franchise loan sector remains negative, indicating that downgrades are expected to exceed upgrades.
That said, ...more Fitch Ratings (2/5/2007)
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| | Term ABS Credit Action Report: December 2006 and Full Year Summary This report highlights credit trends and rating actions taken by Fitch Ratings in the nonmortgage term asset-backed securities (ABS)
market ...more Fitch Ratings (1/31/2007)
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| | Credit Card Movers & Shakers The use of revolving credit, as measured by the Federal Reserve, increased by 11.9% in November. While this can be partially attributed to ...more Fitch Ratings (1/31/2007)
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| | The ABCP Paper Trail Asset-backed commercial paper (ABCP) issuance had a strong finish for 2006, with December month-end outstandings equaling $1,075 billion
and ABCP ...more Fitch Ratings (1/26/2007)
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| | FitchRatings - CDOpinions: Credit Trends and News CDOs of Project Finance Loans Gain Traction. Interest for synthetic balance sheet CDOs that reference project finance loans has been increasing and ...more Fitch Ratings (1/23/2007)
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| | Rating U.S. Auto Loan ABS Seller/Servicers This auto loan asset-backed securities (ABS) criteria report summarizes the principal factors considered in Fitch Ratings' review
of auto loan ...more Fitch Ratings (1/22/2007)
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| | ResiLogic: U.S. Residential Mortgage Loss Model Technical Document This report summarizes the technical details underlying the creation of ResiLogic, Fitch Ratings' new rating model for analyzing credit risk within ...more Fitch Ratings (1/18/2007)
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| | The Student Loan Report Card On Dec. 11, 2006, Fitch Ratings published its annual outlook "2007 Global Structured Finance Outlook: Economic and Sector-by-Sector Analysis." ...more Fitch Ratings (1/17/2007)
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| | Student Loan Quarterly Fitch Ratings (1/17/2007)
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| | Rating U.S. Auto Lease-Backed Securitizations : An Update Financing consumer purchases of vehicles through the use of leasing continues to be an important segment of the overall retail automobile ...more Fitch Ratings (1/16/2007)
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| | Empirical Examination of Drivers of Default Risk in Prime Auto Loans This study investigates the empirical drivers of default risk in the case of U.S. prime auto loans. In addition to determining the statistical drivers ...more Fitch Ratings (1/4/2007)
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| | Rating U.S. Tobacco Settlement Asset-Backed Bonds The issuance of tobacco settlement bonds has risen in the past few years despite the continuing decline in tobacco consumption, the wide range of ...more Fitch Ratings (1/3/2007)
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| | Credit Card Movers & Shakers In maintaining the federal funds rate at 5.25% on Dec. 12, 2006, the Federal Open Market Committee acknowledged a substantial cooling
in the housing ...more Fitch Ratings (12/29/2006)
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| | In The Auto ABS Driver's Seat Prime auto asset-backed securities (ABS) performance was relatively flat in November with Fitch Ratings' 60 days or more delinquency
index remaining ...more Fitch Ratings (12/28/2006)
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| | Understanding the Risks in Dealer Floorplan ABS - An Inventory Check The securitization of dealership inventory financing known as dealer floorplan asset-backed securitizations (ABS) is a niche asset class within ...more Fitch Ratings (12/20/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News CDS Usage Runs Full Speed. The breadth of entities referenced in the credit default swap (CDS) market continues to increase in 2006. The average ...more Fitch Ratings (12/19/2006)
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| | Term ABS Credit Action Report: November 2006 This report highlights credit trends and rating actions taken by Fitch Ratings in the nonmortgage term asset-backed securities (ABS) market during ...more Fitch Ratings (12/19/2006)
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| | The ABCP Paper Trail The month-end asset-backed commercial paper (ABCP) figure stands at $1,032 billion with ABCP issuance as a percentage of total U.S.
commercial paper ...more Fitch Ratings (12/18/2006)
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| | Empirical Examination of Drivers of Default Risk in Prime Auto Loans This study investigates the empirical drivers of default risk in the case of U.S. prime auto loans. In addition to determining the statistical ...more Fitch Ratings (12/15/2006)
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| | Non-Japan Asia Structured Finance 2007 Outlook Stable; Singapore RMBS, Korea ABS Lead Issuance Fitch Ratings said in an outlook report published today that non-Japan Asia structured finance issuance will continue to be driven by the real ...more Fitch Ratings (12/12/2006)
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| | 2007 Global Structured Finance Outlook: Economic and Sector-by-Sector Analysis In this special report, Fitch Ratings' structured finance ("SF") teams consider the 2007 ratings and asset performance outlook in
global SF on a ...more Fitch Ratings (12/11/2006)
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| | Credit Card Movers & Shakers Real third-quarter gross domestic product (GDP) grew 2.2%, compared with 2.6% in the second-quarter. While growth was higher
than originally ...more Fitch Ratings (11/30/2006)
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| | In The Auto ABS Driver's Seat Prime Performance Review. Fitch Ratings' 60 days or more delinquency index improved
marginally in October to 0.53%, down from 0.55% in ...more Fitch Ratings (11/30/2006)
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| | Fitch Global Structured Finance 1991-2005 Default Study This new study broadens Fitch Ratings' global rating performance data and analysis. It includes a first and important look at historical ...more Fitch Ratings (11/28/2006)
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| | The ABCP Paper Trail With month-end asset-backed commercial paper (ABCP) standings topping $1 trillion ($1,008.9 billion), ABCP issuance as a percentage of
total U.S. commercial ...more Fitch Ratings (11/16/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Analyzing Commodities-Linked Credit. Obligations Commodities-linked credit obligations (CCOs) have generated much interest in the global ...more Fitch Ratings (11/15/2006)
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| | Fitch: China Economy Resilient To U.S. Slowdown; Securitisation Market To Take Off in 2007 Fitch Ratings today said that it is optimistic that China's strong economic growth will continue into 2007, though at a more moderate pace. Based on ...more Fitch Ratings (11/14/2006)
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| | Term ABS Credit Action Report: October 2006 This report highlights credit trends and rating actions taken by Fitch Ratings in the nonmortgage term asset-backed securities (ABS) market during ...more Fitch Ratings (11/14/2006)
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| | Interest Rate Risk in Structured Finance Transactions - British Pound Sterling Libor Fitch Ratings announces new structured finance interest rate stress criteria for transactions involving interest rate exposures to British
pound sterling ...more Fitch Ratings (11/1/2006)
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| | Interest Rate Risk In Structured Finance Transactions - Euribor Fitch Ratings announces new structured finance interest rate stress criteria for transactions involving interest rate exposures involving
Euribor. ...more Fitch Ratings (11/1/2006)
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| | Borrower Benefits in FFELP: Student Loan ABS Cash Flow Considerations The proliferation in the quantity and types of borrower benefit programs offered by issuers who finance student loans in the asset-backed securities (ABS) ...more Fitch Ratings (10/31/2006)
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| | Credit Card Movers & Shakers The Fitch Ratings card performance indices continue to exhibit strong and stable performance, in line with the slowing growth of the U.S. economy. ...more Fitch Ratings (10/26/2006)
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| | In The Auto ABS Driver's Seat Prime Performance Review. Fitch's delinquency index of 60 days or more produced marginally
weaker results in September, rising to 0.55% from 0.54% in August. ...more Fitch Ratings (10/25/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Derivative Fitch Takes Center Stage. Fitch Ratings has launched Derivative Fitch, a wholly-owned subsidiary and specialist
rating agency, ...more Fitch Ratings (10/24/2006)
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| | The ABCP Paper Trail With asset-backed commercial paper (ABCP) standings climbing to $993.1 billion at the end of September, ABCP issuance as a percentage of ...more Fitch Ratings (10/19/2006)
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| | Fitch Ratings Launches New Rating Agency, Derivative Fitch ( First Rating Agency Dedicated Exclusively to the Credit Derivatives Markets ) Fitch Ratings today announced the launch of Derivative Fitch, the first specialist rating agency designed to provide the credit derivatives market ...more Fitch Ratings (10/18/2006)
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| | Student Loan Quarterly Fitch Ratings (10/17/2006)
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| | U.S. Credit Card ABS Rating Criteria and Validation Study This report provides investors with an overview of the credit card industry, describes the various financing methods used by credit card debt ...more Fitch Ratings (10/17/2006)
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| | Rating U.S. Credit Card ABS Seller/Servicers This credit card asset-backed securities (ABS) criteria report is supplemental to Fitch Research on "Rating U.S. ABS Seller/Servicers"
(dated April 20, 2006, ...more Fitch Ratings (10/17/2006)
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| | Fundamentals of Asset-Backed Extendible Notes As the search for alternative sources of liquidity continues to drive structural innovation in the asset-backed commercial paper (ABCP) market, the use of ...more Fitch Ratings (10/16/2006)
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| | The Student Loan Report Card New Basis Risk Stress. Fitch has finalized its new basis risk stress criteria for USD London
Interbank Offered Rate (LIBOR)-indexed securitizations ...more Fitch Ratings (10/16/2006)
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| | Term ABS Credit Action Report: September 2006 This report highlights credit trends and rating actions taken by Fitch Ratings in the nonmortgage term asset-backed securities (ABS) market during ...more Fitch Ratings (10/12/2006)
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| | Credit Card Movers & Shakers Macroeconomic indicators remained essentially unchanged during the most recent reporting period. However, the use of revolving credit, as measured ...more Fitch Ratings (9/29/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Credit Derivative Indices Top Growth. Index-based investment vehicles, are leading the charge in the credit derivatives arena, with the total ...more Fitch Ratings (9/28/2006)
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| | Global Credit Derivatives Survey: Indices Dominate Growth as Banks' Risk Position Shifts Fitch Ratings comments on the prospects for continued market growth, key trends, and opportunities and challenges facing the
credit derivatives ...more Fitch Ratings (9/21/2006)
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| | The ABCP Paper Trail With asset-backed commercial paper (ABCP) standings climbing to $966.4 billion at the end of August, ABCP issuance as a percentage of
total U.S. ...more Fitch Ratings (9/18/2006)
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| | Term ABS Credit Action Report: August 2006 This report highlights credit trends and rating actions taken by Fitch Ratings in the nonmortgage term asset-backed securities (ABS) market during ...more Fitch Ratings (9/15/2006)
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| | Basis Risk In Structured Finance Transactions: T-Bill, CP, and Prime versus USD LIBOR Fitch Ratings announces new structured finance basis risk stress criteria for securitizations involving USD London Interbank Offered Rate
(LIBOR). ...more Fitch Ratings (9/15/2006)
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| | Legal Uncertainty in Emerging Market Transactions Asset securitisation is becoming an important financing tool in many emerging markets. There are several challenges associated with the growth of ...more Fitch Ratings (9/13/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Emerging Market Synthetic Balance Sheet CLOs Surface. Synthetic balance sheet collateralized loan obligations (CLOs) that reference emerging ...more Fitch Ratings (9/12/2006)
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| | Rating Adjustment Table for ABCP Programs with Eligible Liquidity Facilities facilities provided to asset-backed commercial paper (ABCP) programs, some ABCP issuers have been amending the funding outs under their liquidity facilities ...more Fitch Ratings (9/5/2006)
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| | ABX.HE CDS Index: Study of Available Funds Cap Risk in ABS CDS Fitch studied the propensity for home equity loan asset-backed security (HEL ABS) bonds to trigger an unreimbursed available funds cap
(AFC) shortfall ...more Fitch Ratings (8/31/2006)
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| | In The Auto ABS Driver's Seat Prime Performance Review. Delinquencies and losses both exhibited slowing performance
during July. Delinquencies of 60 days or more on prime auto ...more Fitch Ratings (8/31/2006)
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| | Credit Card Movers & Shakers Although consumer spending and economic growth may be slowing, reliance on revolving credit is growing. The growth rate for revolving
consumer credit ...more Fitch Ratings (8/31/2006)
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| | Credit Card Movers & Shakers Although consumer spending and economic growth may be slowing, reliance on revolving credit is growing. The growth rate for revolving
consumer credit ...more Fitch Ratings (8/29/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News TRUPS CDOs Hit Call Periods. A number of collateralized debt obligations that reference trust preferred securities (TRUPS CDO) are hitting their ...more Fitch Ratings (8/22/2006)
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| | The ABCP Paper Trail Growth of the asset-backed commercial paper (ABCP) market continued during July with outstandings ascending to a month-end
$931.9 billion, ...more Fitch Ratings (8/11/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Stability Scores Take Center Stage. Fitch has formally rolled out stability scores for corporate synthetic collateralized
debt obligations. ...more Fitch Ratings (8/8/2006)
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| | Fitch Introduces CDO Rating Stability Scores Fitch Ratings today launched Stability Scores for synthetic CDOs. The scores are designed to provide a better understanding of the prospective ...more Fitch Ratings (8/2/2006)
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| | U.S. Credit Card ABS Rating Criteria and Validation Study This report provides investors with an overview of the credit card industry, describes the various financing methods used by credit card debt ...more Fitch Ratings (8/1/2006)
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| | The ABCP Paper Trail Growth of the asset-backed commercial paper (ABCP) market continued during June, with outstandings ascending to a month-end $919.5 billion, an increase ...more Fitch Ratings (7/31/2006)
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| | In The Auto ABS Driver's Seat Prime Performance Review. Delinquencies on prime auto loan asset-backed securities (ABS)
continued to exhibit stable performance during June. Fitch Ratings' ...more Fitch Ratings (7/31/2006)
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| | Credit Card Movers & Shakers In May, revolving consumer credit use grew 9.91%, the largest amount since September 2004, while the personal savings rate
declined 0.1% to ...more Fitch Ratings (7/31/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News RAP CD Makes Debut. Fitch has formally launched Risk Analytics Platform for Credit Derivatives (RAP CD), a subscription-based mark-to-model ...more Fitch Ratings (7/25/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Fitch Rolls Out Recovery Ratings for CLOs
Fitch is revamping its criteria for rating collateralized loan obligations to incorporate its Recovery Ratings. ...more Fitch Ratings (7/11/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Pros Ponder Loan Mart's Future. Loan market pros converged at Reuter's corporate headquarters in New York City on May 24th
for a joint Fitch ...more Fitch Ratings (6/6/2006)
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| | European Auto ABS Sees Positive Q106 Performance Performance trends in the first quarter of 2006 were positive, with delinquencies and
net losses remaining stable. The excess spread index reverted to ...more Fitch Ratings (6/6/2006)
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| | China Securitisation - Are SAMPs Really an Easier Way? The Specific Asset Management Plan ("SAMP") was introduced to the market in May 2005 under an interim rule constituted by the Chinese Security Regulatory ...more Fitch Ratings (5/24/2006)
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| | FitchRatings - CDOpinions: Credit Trends and News Fitch's Synthetic Index reflected stable credit quality during the first quarter of 2006. There has been limited deterioration despite the Dana Corp. ...more Fitch Ratings (5/23/2006)
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| | Fitch Releases International Structured Finance Rating Comparability Study Fitch Ratings has completed a broad survey of Standard and Poor's, Moody's Investors Service, and Fitch's rating distributions on structured finance ...more Fitch Ratings (5/17/2006)
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| | CDO Investor Base to Grow in Taiwan Fitch Ratings today said that the growth of the CDO investor base in Taiwan would likely accelerate over the next two years, citing low yields on domestic ...more Fitch Ratings (5/11/2006)
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| | UK Credit Card Market Under Stress Fitch Ratings says the UK credit card industry is in a stressed environment and that there have been several base case breaches in the UK credit card trusts ...more Fitch Ratings (5/5/2006)
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| | Calculation Errors in European Structured Finance The recent discovery of errors by Preferred Mortgages Ltd. in its role as cash/bond administrator ("CBA") was the latest in an increasingly prevalent ...more Fitch Ratings (5/3/2006)
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| | Is Asia Ready For Managed Synthetic CDOs? Fitch Ratings today said that the Asian market is seeing a growing shift towards managed synthetic collateralised debt obligations ("CDOs") similar to the ...more Fitch Ratings (5/3/2006)
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