Topic: Fitch Inc.
Higher used-car prices cut loan-security losses
AP News
Higher used-car prices and tighter credit cutting losses on auto loan securitiesHigher prices for used vehicles and improved buyer credit are helping mitigate losses on prime auto loan asset-backed securities, Fitch Ratings said Thursday. Fitch said losses on securities backed by the highest-rated loans ticked upward in January because of ...
Lehman rulings may impact global structured finance
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - The rating impact of recent Lehman Brothers court rulings in the English Court of Appeal and the U.S. Bankruptcy Court on existing structured finance ratings could be "wide-ranging" globally, Fitch Ratings said on Friday.</p><p> ...
Owners: $5.4B NY housing complexes go to creditors
AP News
<div id="subtitle">Owners: 2 NYC apartment complexes bought for record $5.4B will be turned over to creditors</div><div><p>Like many homeowners who owe more than their properties are worth, the heavy hitters behind the most expensive real estate ...
Fitch sees US transportation sector stabilizing
AP News
<div id="subtitle">Fitch Ratings sees signs US transportation sector will begin to stabilize in 2010</div><div><p>Fitch Ratings expects the U.S. transportation sector to begin to stabilize next year, but warns there will be some bumps in terms ...
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