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TEXT-Fitch maintains TDA Credifimo transactions on negative watch
Aug 21 - Fitch Ratings has maintained seven tranches of TDA 24 and 27, a series of Spanish RMBS transactions on Rating Watch Negative (RWN). A full list of rating actions is at the end of this commentary. The maintained RWN is due to Fitch's continued concern about the eligibility of Credifimo loans in the underlying portfolios, following the discovery of non-compliant loans in the related RMBS transaction, TDA 28. In November 2011, the management company (Titulizacion de Activos; TdA), announ ...
Published By: Reuters (Company news) - Tuesday, 21 August, 2012
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