CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn - S&P Global Ratings’ Credit Research

CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn

CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn - S&P Global Ratings’ Credit Research
CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn
Published May 06, 2025
Published May 06, 2025
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Abstract:

We reviewed our rating on the class B certificates from CIT Group Securitization Corp. II Series 1995-2, which is a U.S. ABS transaction backed by manufactured housing loans. We lowered our rating on the class B certificates and subsequently withdrew it. Our rating action reflects the transaction's failure to make timely interest payments. ENGLEWOOD (S&P Global Ratings) May 6, 2025--S&P Global Ratings today completed its review of its rating on the class B certificates from CIT Group Securitization Corp. II's Series 1995-2, which is a U.S. ABS transaction backed by manufactured housing loans. We lowered our rating on the class to 'D (sf)' from 'CC (sf)' and subsequently withdrew it following the transaction's failure to make timely interest payments for

  
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MLA:
S&P Global Ratings’ Credit Research. "CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn" May 06, 2025. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/CIT-Group-Securitization-Corp-II-Series-1995-2-Class-B-Rating-Lowered-Then-Withdrawn-3364864>
  
APA:
S&P Global Ratings’ Credit Research. (). CIT Group Securitization Corp. II Series 1995-2 Class B Rating Lowered, Then Withdrawn May 06, 2025. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/CIT-Group-Securitization-Corp-II-Series-1995-2-Class-B-Rating-Lowered-Then-Withdrawn-3364864>
  
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