Agency says loan defaults could rise in 2008
Housing market conditions weigh on ratings
A survey of institutional investors by Fitch Ratings predicts that credit markets are likely to remain rocky until at least the third quarter.Stability in the U.S. credit markets is not expected to return until the third quarter, or later, while stability in the housing market is likely even further off, according to the survey. This […]
Some portfolios could see substantial downgrades
Newly enhanced liquidity facilities improve protection for investors
Fitch Ratings foresees an increase in negative ratings actions in the year ahead.Given the likelihood of a slowdown in economic growth, continuing elevated levels of market risk, and a move away from the very low levels of credit defaults seen since 2004, the rating agency predicts these factors will all likely contribute to a continuing […]
Ratings agency may ask for more details from issuers
Negative rating actions are likely if volatile market conditions persist
New division aimed at separating ratings from other products and services
Ratings outlook remains negative: Fitch