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Fitch: Downshift of U.S. Auto Loan ABS Performance in Line With Summer Season

August 26th, 2010 Johnny No comments

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Fitch: Downshift of U.S. Auto Loan ABS Performance In Line with Summer Season
NEW YORK—-Performance for U.S. auto loan ABS are starting to exhibit negative trends as is typical for this time of year, according to the latest auto loan ABS indices results from Fitch Ratings.

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Fitch: U.S. Auto Loan ABS Defying Seasonality With 23% Drop in Losses

July 21st, 2010 Johnny No comments

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Fitch: U.S. Auto Loan ABS Defying Seasonality with 23% Drop in Losses
NEW YORK—-U.S. auto loan ABS is continuing to defy historical seasonal patterns at a time of the year when loss levels typically start to increase, according to Fitch Ratings.

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Fitch Downgrades 5 & Affirms 4 Classes of ACA ABS 2003-2, Ltd.

March 14th, 2010 Johnny No comments

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Fitch Downgrades 5 & Affirms 4 Classes of ACA ABS 2003-2, Ltd.
CHICAGO—-Fitch Ratings has downgraded five and affirmed four classes of notes issued by ACA ABS 2003-2, Ltd. as a result of continued credit deterioration in the portfolio since Fitch’s last rating action in July 2008.

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

February 28th, 2010 Johnny No 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NEW YORK—-As announced on Feb. 24, 2010, Fitch Ratings has withdrawn its ‘AA-’ IFS rating of Assured Guaranty Corp.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 Based on that withdrawal, Fitch has withdrawn its ratings for 27 Assured or FSA-wrapped ABS bonds because sufficient information on the underlying collateral performance was not available or because the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 …

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Fitch Downgrades $11.6MM From Senior ABS Repack Trust 2002-1

February 17th, 2010 Johnny No comments

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Fitch Downgrades $11.6MM from Senior ABS Repack Trust 2002-1
CHICAGO—-Fitch Ratings has downgraded, assigned an ‘LS’ rating, and revised the Rating Outlook for the certificates issued by Senior ABS Repack Trust, series 2002-1 . The details of the rating action follow at the end of this press release.

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