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Posts Tagged ‘U.S.’

Fitch: Performance Gains May Soon Be in Rear View Mirror for U.S. Auto ABS

July 8th, 2011 Johnny No comments

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Fitch: Performance Gains May Soon Be In Rear View Mirror for U.S. Auto ABS
NEW YORK–(BUSINESS WIRE)–Credit fundamentals for U.S. auto ABS remain strong in spite of recent economic headwinds, though performance may soon begin to level off, according to Fitch Ratings. Auto ABS losses declined to near record levels in May while delinquencies remained relatively stable. However, performance gains for the year may be approaching a peak, according to Director Brian …

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Fitch: Chargeoffs & Delinquencies Fall for Prime U.S. Credit Card ABS; Retail Mixed

June 13th, 2011 Johnny No comments

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Fitch: Chargeoffs & Delinquencies Fall for Prime U.S. Credit Card ABS; Retail Mixed
Despite mixed collateral performance for credit card ABS, improving U.S. consumer credit quality continues to gain momentum, according to the latest Credit Card Performance Indices from Fitch Ratings.

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Filipino Vets Demand Public Apology From U.S. Government

June 1st, 2011 Johnny No comments

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Filipino Vets Demand Public Apology from U.S. Government
By Henni Espinosa, ABS-CBN North America Bureau May 31, 2011 SAN FRANCISCO – It’s Felino Punsalan’s 93rd birthday. And for this Filipino WW II veteran — the ultimate gift would come from the U.S. government — a formal public apology for depriving them full veteran benefits for 65 years. This is the first time that Filipino veterans and [...]

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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 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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