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Fitch Assigns Bank of Nova Scotia’s Series 2 Covered Bonds Final ‘AAA’ Rating

Fitch Assigns Bank of Nova Scotia’s Series 2 Covered Bonds Final ‘AAA’ Rating
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a final ‘AAA’ rating to the Bank of Nova Scotia’s (BNS) Series 2 USD2.5 billion issue of mortgage covered bonds. The bonds, which pay interest at a fixed rate with a scheduled maturity of five years, are guaranteed by Scotia Covered Bond Trust, a special purpose trust established for the programme with restricted permitted activities. The …

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Fitch Downgrades BSCMS 2005-TOP20

Fitch Downgrades BSCMS 2005-TOP20
Fitch Ratings has downgraded 11 classes of Bear Stearns Commercial Mortgage Securities Trust, 2005-TOP20 commercial mortgage pass-through certificates, due to the further deterioration of performance, most of which involves increased losses on the specially serviced loans.

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Fitch Rates Idaho Housing & Fin Assoc’s $12MM 2010A & $18MM 2009 1-A S-F Bnds; Outlook Stable

Fitch Rates Idaho Housing & Fin Assoc’s $12MM 2010A & $18MM 2009 1-A S-F Bnds; Outlook Stable
Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association’s single-family mortgage bonds, 2010 series A and the 2009 series 1-A as follows:

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Fitch Takes Various Rating Actions on PHH Mortgage Corp.’s RMBS Primary Servicer Ratings

Fitch Takes Various Rating Actions on PHH Mortgage Corp.’s RMBS Primary Servicer Ratings
NEW YORK—-Fitch Ratings has taken ratings actions on the U.S. residential primary servicer ratings for PHH Mortgage Corporation as follows:

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Fitch Affirms and Withdraws Aimco’s Ratings

Fitch Affirms and Withdraws Aimco’s Ratings
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed and simultaneously withdrawn the ratings of Apartment Investment and Management Company (NYSE: AIV) and its operating partnership, AIMCO Properties, L.P. (collectively, Aimco) as follows: Apartment Investment and Management Company –Issuer Default Rating (IDR) ‘BB+’; –$180 million revolving credit facility ‘BB+’; –$765.9 million perpetual …

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Fitch Rates Citigroup Mortgage Loan Trust 2010-8, Resecuritization Trust Certificates, Series 2010-8

Fitch Rates Citigroup Mortgage Loan Trust 2010-8, Resecuritization Trust Certificates, Series 2010-8
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a rating of ‘Asf’ with a Stable Outlook to all Fitch-rated classes of Citigroup Mortgage Loan Trust 2010-8, resecuritization trust certificates, series 2010-8. A full list of ratings is shown below. This transaction contains certain classes designated as Initial Exchangeable Certificates and others as Subsequent Exchangeable Certificates. For …

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Fitch Rates VA Public School Authority’s School Tax Credit Bonds ‘AA+’; Outlook Stable

Fitch Rates VA Public School Authority’s School Tax Credit Bonds ‘AA+’; Outlook Stable
NEW YORK—-Fitch Ratings assigns an ‘AA+’ rating to the following Virginia Public School Authority bonds:

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