Fitch, Moody's mull further rating cuts on European CMBS

By A staff reporter 2009-04-09T00:00:00

Fitch Ratings echoed peer credit rating agency Moody's on Thursday to warn of a risk of further deterioration in the market for commercial real estate-backed debt, the Financial Times reported. Fitch Ratings said that deteriorating loan credit quality is creating downward pressure on ratings and highlighted uncertainty over whether loans ...

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