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Article: Fitch Ratings Reviews Conseco Structured Transactions.
- Article from:
- Business Wire
- Article date:
- February 5, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 5, 2002
Fitch Ratings today announced that it has undertaken a comprehensive review of all Conseco Finance Corp. (CFC) structured finance transactions including those backed by manufactured housing (MH) loans, home equity (HE) loans, home improvement loans, recreational vehicle (RV) loans, truck loans, dealer floorplan loans, equipment lease and credit card receivables. This review will determine whether performance deterioration is outside of Fitch's original expectations and what impact, if any, CFC's credit quality may have on servicing operations. Fitch is concerned with the credit quality of CFC as ...