Fitch 50 LatAm: High Default Risk & Negative Rating Actions to Burden High Yield Corporates in 2017

CHICAGO--(BUSINESS WIRE)--With record high defaults in 2016, no respite is expected for Latin American corporates in 2017, according to the eighth annual Fitch 50 Latin America. "Downgrades will continue to outpace upgrades... Read more »

Fitch: US RMBS Liquidation Timelines Beginning to Decline

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Fitch: US RMBS Liquidation Timelines Beginning to Declinehttps://www.fitchratings.com/site/re/891920 Liquidation timelines on defaulted mortgage loans appear to have peaked, a new Fitch Ratings ... Read more »

Fitch Affirms Canyons School District, UT’s GOs at ‘AAA’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Canyons School District Board of Education (the district), Utah ratings: --Issuer Default Rating (IDR) at 'AAA'; --$233 million general obligation (GO) bonds, series 2011,... Read more »

Fitch: LatAm Corporates Outlook Negative in 2017; Risk High

SAN FRANCISCO--(BUSINESS WIRE)--The 2017 Rating Outlook for Latin American corporates is Negative on heightened credit risk, according a new Fitch Ratings report. "With 31% of Fitch's Latin American corporate portfolio having a... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to SoFi Mortgage Trust Series 2016-1 (SFPMT 2016-1)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to thirty-six classes of mortgage pass-through certificates from SoFi Lending Corp.’s inaugural prime jumbo RMBS securitization, SoFi Mortgage Trust Series 2016-1 (SFPMT... Read more »

Fitch Expects to Rate SoFi Mortgage Trust 2016-1; Presale Issued

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: SoFi Mortgage Trust 2016-1 (US RMBS) https://www.fitchratings.com/site/re/891802 Fitch Ratings expects to rate SoFi Mortgage Trust 2016-1 (SFPMT 2016-1) as follows: --$123,952,000 class 1A-1 exc... Read more »

Fitch Affirms Ecopetrol’s Foreign and Local Currency IDRs at ‘BBB’; Outlook Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Ecopetrol S.A.'s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'BBB'. The Rating Outlook is Negative. Fitch has also affirmed the company's National Long and... Read more »

Fitch Affirms PeaceHealth (WA) Rev Bonds at ‘A+’; Stable Outlook

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A+' rating on PeaceHealth's outstanding debt, which is listed at the end of the press release. The Rating Outlook is Stable. SECURITY The bonds are... Read more »

Fitch: LatAm Cement Outlook is Stable for 2017

CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Latin America Cement (Regaining Ground)https://www.fitchratings.com/site/re/891810 The 2017 Latin American cement outlook for both ratings and the sector is stable, according to a n... Read more »

Fitch Takes Various Rating Actions on Enhanced Municipal Bonds and TOBs

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken various conforming rating actions on enhanced municipal bonds and tender option bonds (TOBs) corresponding to actions taken on their associated enhancement providers or underlying bonds. Long-term... Read more »