European Delinquency Levels Improve Modestly In First Quarter

25 Apr 2007

Fitch Ratings’ index of rating change for European structured finance (ESF) transactions has moved up by 0.6% in the first quarter of 2007, a modest improvement in the weighted average probability of default in the sector.

-- By Daniel Flatt

Fitch Ratings’ index of rating change for European structured finance (ESF) transactions has moved up by 0.6% in the first quarter of 2007, a modest improvement in the weighted average probability of default in the sector. Commercial and residential mortage-backed securities saw most improvement; asset-backed ...

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