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Real Estate & Property Law

: Housing Wire

WaMu?s Covered Bonds Upgraded by Fitch

By PAUL JACKSON

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Fitch Ratings said Thursday that it had upgraded the outstanding series of covered bonds issued by WM Covered Bond Program#8217;s to #8216;AA+#8217; from #8216;AA-,#8217; after a completed review of documents relating to the transfer of the program from Washington Mutual Bank to JPMorgan Chase Bank, National Association. JPM#8217;s long-term issuer default rating is #8216;AA-#8217; [...]img src="http://feedproxy.google.com/~r/HousingWire/~4/8BXursNiZxw" height="1" width="1"/

Full post as published by Housing Wire on December 18, 2008 (boomark / email).

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