Fitch To Keep Monitoring Earthquake Impact On Kiwi MBS

04 Mar 2011

Fitch Ratings says it will continue monitoring how two earthquakes that hit New Zealand last September and last month have affected outstanding mortgage-backed securities in the country.

Fitch Ratings says it will continue monitoring how two earthquakes that hit New Zealand last September and last month have affected outstanding mortgage-backed securities in the country. Fitch notes the impact of the September earthquake has been “limited…so far,” as the number of seriously damaged properties was “overall ...

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