Fitch Teleconference: U.S. RMBS 2007 Outlook Thursday 12/14 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 -- Subprime mortgage loan borrowers stand to be the most significantly strained by the current U.S. housing slowdown and significant rate resets that await in 2007, which are likely to translate to higher delinquencies and may also lead to more rating downgrades, according to Fitch Ratings, who will be hosting a conference call Thursday morning Dec. 14 at 11:00 a.m. ET. Credit Policy Senior Director Suzanne Mistretta will begin the call with an overview of current and emerging macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. trends and their potential correlation to U.S. RMBS RMBS Residential Mortgage-Backed Securities RMBS Rambus, Inc. (NASDAQ stock symbol) RMBS Russian Mortgage-Backed Securities performance in the coming year. Director and call leader Grant Bailey will then detail the 2007 outlook for the various segments within RMBS. A Q&A session will immediately follow Bailey's prepared remarks. Following are the details of the teleconference: --Thursday Dec. 14, 2006; 11:00 a.m. ET --Conference ID: 4142248 --U.S/Canada: +1-877-241-2557 --International: +1-706-643-7396 --Call Leader: Grant Bailey Replay Information: --Replay Dates: Dec. 14, 2006, 12:00 p.m. ET - Dec. 21, 2006 at 11:59 p.m. ET --U.S./Canada: +1-800-642-1687 --International: +1-706-645-9291 --Replay ID: 4142248 The call coincides with the release of Fitch's '2007 Global Structured Finance Outlook' report, which is available on the Fitch Ratings web site at www.fitchratings.com. Fitch's 'Global Structured Finance: 2007 Outlook and 2006 Review' includes asset performance and rating volatility forecasts for the global ABS, CMBS CMBS See: Commercial Mortgage Backed Securities , RMBS and CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the sectors in 2007. The report also evaluates the impact of broader macroeconomic trends on the global structured finance markets and gives an overview of asset performance and credit migration trends over the past year. The report is available on the Fitch Ratings web site at 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion