Fitch Places MBIA On Negative Watch

Campbell, Dakin; Posner, Matthew
December 2007
Bond Buyer;12/21/2007, Vol. 362 Issue 32779, p1
Trade Publication
The article reports on the announcement of Fitch Ratings Ltd. regarding its decision to place U.S.-based MBIA Insurance Corp. on negative watch. Fitch made such decision after it found out that the company's capital model for residential mortgage-backed security portfolio falls below the guidelines needed to hold a triple-A rating by $1 billion. However, Fitch told that it would return MBIA to a stable outlook if the company obtains further capital improvements.


Related Articles

  • RWT Readies Another MBS. Bisbey, Allison // National Mortgage News;3/18/2013, Vol. 37 Issue 11, p1 

    The article offers information on reports by rating agencies Fitch Ratings Ltd. and Kroll Bond Rating Agency Inc. which state that real estate investment firm Redwood Trust Inc. (RWT) is preparing its fourth jumbo mortgage-backed security (MBS) in 2013. It also includes information on Trust's...

  • Fitch: U.S. CMBS Defaults Set to Escalate.  // National Mortgage News;5/10/2010, Vol. 34 Issue 32, p17 

    The article reports on the statistical findings conducted by Fitch Ratings Ltd. regarding the additional 4.4 percent loan defaults in 2010 of commercial mortgage backed-securities (CMBS).

  • Fitch approaches floating-rate deals with caution. K.S. // Asset Securitization Report;6/9/2003, Vol. 3 Issue 23, p14 

    Reports on Fitch Ratings' decision to take a cautious approach in rating collateralized mortgage-backed securities (CMBS) transactions that contain properties that are transitional in nature. Rapid deterioration of rents and occupancy in commercial real estate; Projected future performance of...

  • Fitch: U.S. retail CMBS properties expected to stabilize in 2011.  // Mortgage Banking;Jan2011, Vol. 71 Issue 4, p108 

    The article reports on the forecasts of Fitch Ratings Ltd. that the U.S. retail commercial mortgage-backed securities (CMBS) properties are expected to stabilize in 2011 due to the slight gains in same-store sales growth in New York.

  • CMBS Forecast: Little Threat for Investment Grade Securities. Cornwell, Ted // National Mortgage News;8/26/2002, Vol. 26 Issue 47, p10 

    Reports on Fitch Ratings' assessment of the market for mortgage-backed securities (MBS) in the United States. Outlook for investment-grade CMBS; Default rates in various sectors of the mortgage market.

  • Roundup: Deals Hit by Recent Downgrades.  // National Mortgage News;2/24/2003, Vol. 27 Issue 22, p13 

    Reports on various mortgage-backed securities downgraded by Fitch Ratings. Two classes of Banc of America Large Loan Inc.'s series 2002-FLT; Senior unsecured notes and preferred stock of BRE Properties Inc.; Review of Credit Suisse First Boston Mortgage Securities Corp.'s commercial mortgage...

  • Fitch: Calif. MBS Carry Stigma.  // American Banker;5/1/2002, Vol. 167 Issue 83, p10 

    Reports the stability of residential mortgage-backed securities based on the survey conducted by Fitch Ratings company in the U.S.

  • Fitch: 2005-2008 accounts for 75 percent of CMBS delinquencies.  // Mortgage Banking;Feb2010, Vol. 70 Issue 5, p93 

    The article reports that the four most recent commercial mortgage-backed securities (CMBS) vintages in Fitch Ratings Ltd.'s universe represented 75% of delinquency balances in December 2009 in the U.S.

  • Non-conforming RMBS buoyed by low rate climate.  // Mortgage Strategy;8/23/2010, p8 

    The article reports on the statement of Fitch Ratings Ltd. that the performance of the non-conforming residential mortgage-backed securities in Great Britain has improved with loans in arrears for three months in 2010 hitting from 19.7% in the first quarter (Q1) to 18.6% in Q2.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics