AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Fitch Has Reservations About 'Participated' Loans.(Fitch Inc.)(Brief Article)
Fitch Ratings has expressed concern that "participated" commercial mortgage-backed securities loans, in which a single first mortgage loan is split into more than one note and held by different parties, are becoming more and more complex.
The credit rating agency says that agreements that require multiple parties in servicing and workout decisions will frustrate borrowers, delay necessary action to preserve the collateral, increase trust expenses and result in additional and unnecessary losses.
Daniel Chambers, senior director, Fitch Ratings, said, "Fitch is concerned that recent participated loan structures are inefficient and the lack of uniform intercreditor provisions and servicing procedures are causing confusion in the market."
Also, the ...
- Fitch Ratings Selects SAVVIS To Deliver Global Network for Offices and Internet...
- Press release article from: Business Wire May 20, 2002 700+ words
...SAVVIS Private IP VPN Connects Fitch Ratings' Worldwide Offices and SAVVIS...SM), announced today that Fitch Ratings selected SAVVIS' Intelligent...website and FitchResearch reports. Fitch Ratings has over 1,200 employees serving...
- Fitch Ratings Increases Investment in Korea Ratings.
- Press release article from: Business Wire January 17, 2007 700+ words
NEW YORK & LONDON -- Fitch Ratings Limited today announced that it...Korean credit rating agency. Fitch Ratings, through negotiated private transactions...Muller, Asia-Pacific head of Fitch Ratings. "The combination of Korea Ratings...
- Fitch Ratings Selects Henwood to Provide Regional Power Market Analysis Price...
- Press release article from: PR Newswire February 12, 2003 700+ words
...Feb. 11 /PRNewswire/ -- Fitch Ratings today announced it has selected...America. Henwood will provide Fitch Ratings with long-term expected price...Director-Project Finance at Fitch Ratings. "In the current market environment...
- Fitch Ratings Comments on Covanta Chapter 11 Filing.
- Press release article from: Business Wire April 11, 2002 700+ words
...BUSINESS WIRE)--April 11, 2002 Fitch Ratings continues its monitoring and review...debt of the parent, Covanta. Fitch Ratings is evaluating any special risks...Haverhill project's bondholders. Fitch Ratings will continue to examine court...
- Amend: Fitch Ratings Added to Markit's Individual Reference Entity Composite...
- Press release article from: Business Wire May 10, 2007 700+ words
...financial markets, has now added Fitch Ratings data to its calculation of 'average...March 8, 2007. 'The addition of Fitch Ratings completes our ratings calculation...investors regularly incorporate Fitch ratings and research into their investment...
- Fitch Ratings Added to Markit's Individual Reference Entity Composite Rating.
- Press release article from: Business Wire May 10, 2007 700+ words
...financial markets, has now added Fitch Ratings data to its calculation of 'average...March 8, 2007. "The addition of Fitch Ratings completes our ratings calculation...investors regularly incorporate Fitch ratings and research into their investment...
- Fitch Ratings Acquires Reoch's Credit Derivatives Analytics Business.
- Press release article from: Business Wire July 31, 2006 700+ words
LONDON & NEW YORK -- Fitch Ratings Ltd, a Fitch Group, Inc. company...Joynt, Chief Executive Officer, Fitch Ratings. "This acquisition is a testament...transaction were not disclosed. About Fitch Ratings Fitch Ratings is a leading global...
- Fitch Ratings Takes Majority Stake in Duff and Phelps de Colombia.
- Newspaper article from: Investment Weekly News August 8, 2009 700+ words
Fitch Ratings announced that it has completed its previously...Phelps de Colombia (DCR), to be renamed Fitch Ratings Colombia, the leading rating agency...Prescott, Group Managing Director, Fitch Ratings. "The addition of DCR's experienced...
