Fitch Rates New Plan Learning Inc. Project (OH) Revs, ‘BBB-’; Outlook Stable

Fitch Rates New Plan Learning Inc. Project (OH) Revs, ‘BBB-’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BBB-’ rating to the following Industrial Development Authority of the County of Pima’s New Plan Learning Inc. Project (NPLP) Educational Facility Revenue bonds: –$41.975 million tax-exempt series 2011A; –$0.730 million taxable series 2011B. The fixed rate series [...]

Fitch Takes Various Actions on Prudential Mortgage Capital Funding ROCK 2001-C1

Fitch Takes Various Actions on Prudential Mortgage Capital Funding ROCK 2001-C1
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded three classes and affirmed 10 classes of Prudential’s ROCK commercial mortgage pass-through certificates, series 2001-C1. A detailed list of rating actions follows at the end of this release. The downgrades reflect an increase in Fitch expected losses across the [...]

Fitch Rates J.P. Morgan Commercial Mortgage-Backed Securities Trust 2011-RR1

Fitch Rates J.P. Morgan Commercial Mortgage-Backed Securities Trust 2011-RR1
Fitch rates J.P. Morgan Commercial Mortgage-Backed Securities Trust 2011-RR1, pass-through certificates, as follows:
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Fitch: Improved Structural Features in New U.S. RMBS a Credit Positive

Fitch: Improved Structural Features in New U.S. RMBS a Credit Positive
NEW YORK–(BUSINESS WIRE)–The first new U.S. prime mortgage loan transaction of 2011 contains several important structural features that Fitch Ratings believes warrant closer attention among market participants. On March 1, Fitch rated the first transaction of new Prime mortgage loans of the year, Sequoia Mortgage [...]

Fitch Ratings Downgrades MSCI 2007-IQ16; Affirms Super Senior and Mezzanine AAA Classes

Fitch Ratings Downgrades MSCI 2007-IQ16; Affirms Super Senior and Mezzanine AAA Classes
CHICAGO–(BUSINESS WIRE)–Fitch Ratings downgrades 15 classes of Morgan Stanley Capital I (MSCI) Trust, series 2007-IQ16, commercial mortgage pass through certificates, primarily due to an increase in specially serviced loans. A detailed listing of rating actions follows at the end of this release. The downgrades [...]

Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable

Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA+’ rating to the following State of Nevada general obligation (Limited Tax) (GO LT) bonds: –$95.12 million capital improvement and refunding bonds series 2010C; –$18.1 million natural resources and refunding bonds series 2010D; –$34.325 million open space, parks and cultural resources [...]

Fitch Rates Cigna’s $250MM Sr. Unsecured Notes ‘BBB’; Outlook Negative

Fitch Rates Cigna’s $250MM Sr. Unsecured Notes ‘BBB’; Outlook Negative
Fitch Ratings has assigned a ‘BBB’ rating to Cigna, Corp.’s issuance of 10-year, $250 million 4.375% senior unsecured notes. The ratings are equivalent to Fitch’s ratings on Cigna’s currently outstanding senior unsecured notes.
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Fitch Downgrades Crest Exeter Street Solar 2004-1, Ltd./Corp

Fitch Downgrades Crest Exeter Street Solar 2004-1, Ltd./Corp
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded 10 classes issued by Crest Exeter Street Solar 2004-1, Ltd./Corp (Crest Exeter 2004-1) as a result of significant negative credit migration of the underlying collateral. A complete list of rating actions follows at the end of this release. Since Fitch’s last rating [...]

Fitch Rates J.P. Morgan Chase Commercial Mortgage Securities Trust 2010-C2

Fitch Rates J.P. Morgan Chase Commercial Mortgage Securities Trust 2010-C2
CHICAGO–(BUSINESS WIRE)–Fitch rates J.P. Morgan Chase Commercial Mortgage Securities Trust (JPMCC) commercial mortgage pass-through certificates, series 2010-C2 as follows: –$266,660,000 class A-1 ‘AAAsf/LS1′; Outlook Stable; –$243,099,000 class A-2 ‘AAAsfLS1′; Outlook Stable; –$390,533,000 class A-3 ‘AAAsf/LS1′; Outlook Stable; –$900,292,000* class X-A ‘AAAsf’; Outlook Stable; –$37,168 …
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Fitch Takes Various Rating Actions on PHH Mortgage Corp.’s RMBS Primary Servicer Ratings

Fitch Takes Various Rating Actions on PHH Mortgage Corp.’s RMBS Primary Servicer Ratings
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has taken ratings actions on the U.S. residential primary servicer ratings for PHH Mortgage Corporation (PHH Mortgage) as follows: –Primary specialty rating for subservicer product upgraded to ‘RPS1-’ from ‘RPS2+’; –Primary servicer rating for prime product affirmed at ‘RPS2+’; [...]

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