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Fitch Discusses Risks to U.S. Subprime IO Borrowers Today @ 11AM ET.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- U.S. subprime ARMs with two- and three-year IO periods face larger payment increases at the rate reset compared to hybrid ARMs and have higher odds of default, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
, who will be hosting a conference call this morning at 11:00 a.m. EST EST electroshock therapy.

EST
abbr.
electroshock therapy
 to discuss highlights of its new criteria report.

Managing Director Glenn Costello will be the lead speaker on the call and will be joined by analysts Suzanne Mistretta and Grant Bailey. Prepared remarks are expected to last approximately 20 minutes, followed immediately by a Q&A session.

Conference Call Dial-in Information:

--Tuesday, March 14, 2006; 11:00 a.m. EST

--Conference ID: 6532431

--U.S/Canada: 877-241-2557

--International: 706-643-7396

--Live on the Web: http://audioevent.mshow.com/293300/

--Conference Name: U.S. Subprime IOs

--Call Leader: Glenn Costello

Replay Information:

--Replay Dates: March 14, 2006, 1:00 p.m. EST - March 21, 2006 at 11:59 p.m. EST

--U.S./Canada: 800-642-1687

--International: 706-645-9291

--Replay ID: 6532431

--Archive: http://audioevent.mshow.com/293300/

Following are the details of Friday's teleconference:

U.S. and Canadian participants should call 877-241-2557 and International participants should dial 706-643-7396. All participants should dial in 10 minutes prior to the 11:00 a.m. EST start time and give the conference name, 'Fitch Ratings,' and the call leader name 'Glenn Costello'.

Interested parties who are not available for the teleconference will be able to hear a replay of the call beginning approximately one hour after the call until March 21 at 11:59 p.m. EDT EDT
abbr.
Eastern Daylight Time


EDT Eastern Daylight Time

EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York

EDT 
. For the replay, domestic participants must dial 800-642-1687, and international listeners should dial 706-645-9291 and also use the conference ID, '6532431'.

A streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters.  version of the teleconference also will be made available beginning approximately 24 hours from the conclusion of the initial call. Interested parties can find the appropriate web audio link under 'Resource Library,' 'Company Events,' and 'Online Media,' on the Fitch Ratings web site at on www.fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 14, 2006
Words:395
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