Fitch

Fitch Downgrades RFC CDO 2006-1; Revises Outlooks & Assigns LS Ratings [Press Release]
Business Wire | 5 hours 58 minutes ago
Fitch Ratings downgrades ten classes of RFC CDO 2006-1, Ltd./LLC (RFC 2006-1), formerly known as CBRE Realty Finance CDO 2006-1, Ltd. / LLC, reflecting Fitch's base case loss expectation of 34.8%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market value and cash flow declines. A detailed list of rating actions follows at the end of this release.

Fitch Downgrades 7 Classes from JPMCC 2005-CIBC12; Assigns Outlooks and LS Ratings [Press Release]
Business Wire | 10 hours 30 minutes ago
Fitch Ratings has taken various rating actions on J.P. Morgan Chase Commercial Mortgage Securities Corp., Series 2005-CIBC12, commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this press release.

Fitch Downgrades ARMSS 2004-1; Assigns Outlooks and LS Ratings [Press Release]
Business Wire | 5 hours 41 minutes ago
Fitch Ratings downgrades all classes of Arbor Realty Mortgage Securities Series 2004-1, Ltd./LLC (ARMSS 2004-1) reflecting Fitch's base case loss expectation of 46.3%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market value and cash flow declines. A detailed list of rating actions follows at the end of this release.

Fitch Downgrades ARMSS 2005-1; Assigns Outlooks and LS Ratings [Press Release]
Business Wire | 5 hours 40 minutes ago
Fitch Ratings has downgraded all classes of Arbor Realty Mortgage Securities Series 2005-1 Ltd./LLC (ARMSS 2005-1) reflecting Fitch's base case loss expectation of 40%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market value and cash flow declines. A detailed list of rating actions follows at the end of this release.

Fitch Take Various Rating Actions on Litton's U.S. Primary Residential Servicer Ratings [Press Release]
Business Wire | 7 hours 19 minutes ago
Fitch Ratings takes the following rating actions on the U.S. residential primary servicer ratings for Litton Loan Servicing, LP:

Fitch Downgrades Citizens Republic Bancorp; Outlook Negative [Press Release]
Business Wire | 5 hours 49 minutes ago
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) for Citizens Republic Bancorp, Inc. (CRBC) and its principal banking subsidiaries to 'B' and 'B+', respectively. The short-term ratings of 'B' are affirmed. Fitch has affirmed the individual rating for CRBC at 'D/E' and lowered the individual ratings for the principal subsidiaries to 'D/E' from 'D'. The Rating Outlook is Negative. A complete list of ratings is provided at the end of this release.

Fitch Rates BCAP LLC 2009-RR13 Trust [Press Release]
Business Wire | 6 hours ago
BCAP LLC 2009-RR13 Trust is rated by Fitch Ratings as follows:

Fitch Rates Citigroup Mortgage Loan Trust 2009-11 [Press Release]
Business Wire | 8 hours 19 minutes ago
Fitch rates Citigroup Mortgage Loan Trust 2009-11 as follows:

Fitch Withdraws Universal's U.S. Residential Master Servicer Rating [Press Release]
Business Wire | 5 hours 25 minutes ago
Fitch Ratings has withdrawn Universal Master Servicing, LLC's (UMS) U.S. residential servicer rating(s) as follows:

Fitch Downgrades 8 Classes of Abacus 2005-CB1, Ltd. [Press Release]
Business Wire | 5 hours 19 minutes ago
Fitch Ratings has downgraded eight classes of notes issued by Abacus 2005-CB1, Ltd (Abacus 2005-CB1) as a result of significant credit deterioration within the portfolio since last review in July 2008. The details of the rating action follow at the end of this press release.

Fitch Assigns CMBS Large Loan Special Servicer Rtg to Brookfield Real Estate Financial Partners LLC [Press Release]
Business Wire | 6 hours 34 minutes ago
Fitch Ratings assigns a commercial mortgage-backed securities (CMBS) large loan special servicer rating of 'CLLSS3+' to Brookfield Real Estate Financial Partners LLC (BREF). The rating reflects the company's extensive commercial real estate finance and third party asset management experience.

Fitch Affirms Halliburton's IDR at 'A-'; Outlook Stable [Press Release]
Business Wire | 5 hours 50 minutes ago
Fitch Ratings has affirmed Halliburton Company's (Halliburton; NYSE: HAL) Issuer Default Rating (IDR) at 'A-' despite continued weak market conditions.

Fitch Rates USTA National Tennis Center Variable-Rate Taxable Bonds 'A' [Press Release]
Business Wire | 8 hours 27 minutes ago
Fitch Ratings has assigned an 'A' rating to the USTA National Tennis Center (NTC) variable-rate taxable bonds, series 2009. Fitch also affirms the 'A' rating on approximately $109 million tax-exempt civic facility revenue bonds issued through the New York City Industrial Development Agency. The Rating Outlook is Stable.

Fitch Rates Caparra Center Associates, LLC's Proposed US$21.6MM Secured Bonds 'A-' [Press Release]
Business Wire | 7 hours 23 minutes ago
Fitch Ratings has assigned a rating of 'A-' to US$21.6 million of secured bonds to be issued by Caparra Center Associates, LLC (Caparra) to be issued through the Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority (AFICA). Fitch has also assigned an Issuer Default Rating (IDR) of 'BBB+' to Caparra. The Rating Outlook is Stable. The secured bonds will be paid with funds solely provided by Caparra, which will be made to AFICA and then w...

Fitch Places First Republic Sub Debt on Negative Watch; Preferred on Positive Watch [Press Release]
Business Wire | 8 hours 21 minutes ago
Fitch Ratings has revised the Rating Watch on debt instruments originally issued by First Republic Bank (FRB), now a division of Bank of America Corporation (BAC; rated 'A+/F1+' by Fitch). Fitch has revised the Rating Watch to Negative from Evolving on subordinated debt rated `A' originally issued by FRB, and revised the Rating Watch to Positive from Evolving on REIT preferred securities rated `BB-' issued by FRB affiliates First Republic Preferred Capital Corp. and First Republic Preferred C...