CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed - S&P Global Ratings’ Credit Research

CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed

CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed - S&P Global Ratings’ Credit Research
CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed
Published Jun 19, 2013
1289 words — Published Jun 19, 2013
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Abstract:

OVERVIEW We reviewed CIT Group Securitization Corp. II series 1995-2, which is a securitization of manufactured housing installment sale contracts. We affirmed our 'CCC- (sf)' rating on the outstanding class B certificates. The affirmation reflects the transaction's likelihood of default on the class B principal amount at maturity. NEW YORK (Standard&Poor's) June 19, 2013--Standard&Poor's Ratings Services today affirmed its 'CCC- (sf)' long-term rating on the class B certificates from CIT Group Securitization Corp. II's senior/subordinate pass-through certificates series 1995-2. The transaction is collateralized by manufactured housing installment sale contracts. Today's rating action reflects our view of the transaction's likelihood of default on the the class B principal at the maturity date if business, financial, and economic

  
Brief Excerpt:

RESEARCH CIT Group Securitization Corp. II Series 1995-2 Class B '###- (sf)' Rating Affirmed Publication date: 19-Jun-2013 Primary Credit Analyst: Rahel Avigdor, New York (1) 212-438-4067; rahel.avigdor@standardandpoors.com Secondary...

  
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Ratings Action

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MLA:
S&P Global Ratings’ Credit Research. "CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed" Jun 19, 2013. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/CIT-Group-Securitization-Corp-II-Series-1995-2-Class-B-CCC-sf-Rating-Affirmed-1147568>
  
APA:
S&P Global Ratings’ Credit Research. (). CIT Group Securitization Corp. II Series 1995-2 Class B 'CCC- (sf)' Rating Affirmed Jun 19, 2013. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/CIT-Group-Securitization-Corp-II-Series-1995-2-Class-B-CCC-sf-Rating-Affirmed-1147568>
  
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