Fitch Tests CMBS Concerns

Fitch Ratings has been stress-testing older vintages of commercial mortgage-backed securities maturing soon, amidst fears the liquidity crisis will impact refinancing activity in the sector.

  • 17 Dec 2007

--Cathy Cunningham

Fitch Ratings has been stress-testing older vintages of commercial mortgage-backed securities maturing soon, amidst fears the liquidity crisis will impact refinancing activity in the sector. Although there are expectations of higher default and loss rates, analysts said no rating actions are planned at this time.

Fitch performed ...

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1 Bank of America Merrill Lynch (BAML) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
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  • 22 May 2017
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