Tag Archives: Fitch

Fitch Affirms D.R. Horton’s IDR at ‘BB’; Outlook to Stable – Trading Markets (press release)

Fitch Affirms D.R. Horton's IDR at 'BB'; Outlook to StableTrading Markets (press release)The ratings affirmation and the Outlook revision to Stable from Negative reflect the company's strong liquidity position, improved operating results and …Fitch upgrades outlook for D.R. HortonBizjournals.comAre Pessimists … Continue reading

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Fitch Affirms Lennar’s IDR at ‘BB+’; Outlook to Stable – MarketWatch (press release)

Bobsguide (press release) Fitch Affirms Lennar's IDR at 'BB+'; Outlook to StableMarketWatch (press release)Its financial services operations provide primarily mortgage financing, title insurance and closing services for both buyers of Lennar's homes and others. …Fitch Affirms Lennar's Ratings – Quick … Continue reading

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Fitch Solutions: Lennar CDS Widen 44%; KB Home 55% Wider – MarketWatch (press release)

Fitch Solutions: Lennar CDS Widen 44%; KB Home 55% WiderMarketWatch (press release)CDS spreads are wider for both Lennar Corporation and KB Home (announcing earnings later this week) with strong CDS liquidity reflecting ongoing market … and more » read more

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Fitch Solutions: Lennar CDS Widen 44%; KB Home 55% Wider – MarketWatch (press release)

Fitch Solutions: Lennar CDS Widen 44%; KB Home 55% WiderMarketWatch (press release)CDS spreads are wider for both Lennar Corporation and KB Home (announcing earnings later this week) with strong CDS liquidity reflecting ongoing market … and more » read more

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Fitch Affirms KB Home’s IDR at ‘BB-’; Outlook to Stable – MarketWatch (press release)

Fitch Affirms KB Home's IDR at 'BB-'; Outlook to StableMarketWatch (press release)28, 2010, KB Home's unconsolidated joint ventures had total debt of $384.4 million, substantially all of which was secured. Of the total debt, … and more » read more

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Fitch Downgrades 1 & Affirms 1 Class of First Chicago/Lennar Trust I, Series … – MarketWatch (press release)

Fitch Downgrades 1 & Affirms 1 Class of First Chicago/Lennar Trust I, Series …MarketWatch (press release)FC/Lennar 97 is a CMBS re-securitization (Re-REMIC) which closed April 30, 1997. The portfolio consists of CMBS bonds from the 1995 and 1996 vintages. … … Continue reading

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Fitch Expects to Rate Lennar’s $250MM Sr. Unsecured Notes & $250MM Convertible … – MarketWatch (press release)

Fitch Expects to Rate Lennar's $250MM Sr. Unsecured Notes & $250MM Convertible …MarketWatch (press release)(Consistent with Fitch's comment on homebuilders' termination of revolving credit facilities, in the absence of a revolving credit line, a consistently …Lennar to Tender for Senior … Continue reading

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Fitch Affirms Beazer’s IDR at ‘CCC’; Outlook Stable – MarketWatch (press release)

Fitch Affirms Beazer's IDR at 'CCC'; Outlook StableMarketWatch (press release)CHICAGO, Apr 20, 2010 (BUSINESS WIRE) — Fitch Ratings has affirmed Beazer Homes USA, Inc.'s (Beazer) ratings as follows: The Recovery Rating (RR) of 'RR1' … and more » read more

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Fitch Solutions: CDS Suggest Homebuilder Recovery Still Far Off for Lennar … – Earthtimes (press release)

Fitch Solutions: CDS Suggest Homebuilder Recovery Still Far Off for Lennar …Earthtimes (press release)"Lennar is a fairly liquid name in the CDS market, and has shown weakness over the past quarter, breaking-out of its historical 'BB' trading range and is … Continue reading

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Fitch Ratings Sees Better Times for Builders in 2010 – UPI.com

Fitch Ratings Sees Better Times for Builders in 2010UPI.comA four-year downturn has evidently come to an end for US homebuilders, according to Fitch Ratings in its outlook report for the sector. …After '09 Housing Bottom, Builders Optimistic for '10Housing WireFitch: … Continue reading

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