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Fitch Withdraws 27 and Revises One Assured-Related U.S. ABS Rating

February 28th, 2010 Johnny Leave a comment Go to comments

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Fitch Withdraws 27 and Revises One Assured-Related U.S. ABS Rating
NEW YORK—-As announced on Feb. 24, 2010, Fitch Ratings has withdrawn its ‘AA-’ IFS rating of Assured Guaranty Corp. and related entities. Based on that withdrawal, Fitch has withdrawn its ratings for 27 Assured or FSA-wrapped ABS bonds because sufficient information on the underlying collateral performance was not available or because the underlying rating was deemed to be below the insurer’s …

Read more on Business Wire via Yahoo! Finance

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