Off-Balance Sheet Amendments Not Expected To Affect Ratings

23 Jun 2009

Fitch Ratings says Financial Standard Accounting Board’s Statement Of Financial Accounting Standard amendments on off-balance sheet securitizations are not expected to result in negative rating actions.

Fitch Ratings says Financial Standard Accounting Board’s Statement Of Financial Accounting Standard amendments on off-balance sheet securitizations are not expected to result in negative rating actions. Fitch explained that despite the changes to SFAS 166 and SFAS 167, the economic of the off-balance sheet transactions would remain the ...

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