Fitch Publishing Loss Forecasts, Other New Info

In conjunction with its Aug. 1 rating actions, Fitch Ratings also announced that it is publishing detailed information on expected-loss forecasts and the losses each security can withstand."An expected remaining loss percentage is published for each transaction, and the loss percentage that causes each class to take a principal loss, referred to as the 'break loss' percentage, is also provided," Fitch said. In addition, the multiple of the break loss to the expected loss is provided as the loss coverage ratio. Fitch can be found on the Web at http://www.fitchratings.com.

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