Upgrades outpaced downgrades for non real-estate related term asset-backed securities outpaced downgrades for the first time in more than two years, according to Fitch Ratings. Year-to-date Fitch has issued 142 upgrades and 211 downgrades, compared with 32 upgrades and 917 downgrades during the same period last year, the agency reports.

 

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.