Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions - S&P Global Ratings’ Credit Research

Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions

Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions - S&P Global Ratings’ Credit Research
Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions
Published Dec 02, 2021
4 pages (1555 words) — Published Dec 02, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We affirmed our ratings on one class from CIT Group Securitization Corp. II series 1995-2 and three classes from Origen Manufactured Housing Contract Trust 2006-A, Origen Manufactured Housing Contract Trust Collateralized Notes 2007-A, and Origen Manufactured Housing Contract Trust Collateralized Notes 2007-B. We lowered our ratings from one class from Origen Manufactured Housing Contract Sr/Sub Asset-Backed Certs Series 2002-A. Our rating actions reflect the loss coverage levels for each class given our loss expectations and existing credit enhancement. CENTENNIAL (S&P Global Ratings) Dec. 2, 2021--S&P Global Ratings today affirmed its ratings on one class from CIT Group Securitization Corp. II's (CIT) series 1995-2 and three classes from Origen Manufactured Housing Contract Trust 2006-A, Origen Manufactured Housing Contract Trust Collateralized Notes

  
Brief Excerpt:

...- We affirmed our ratings on one class from CIT Group Securitization Corp. II series 1995-2 and three classes from Origen Manufactured Housing Contract Trust 2006-A, Origen Manufactured Housing Contract Trust Collateralized Notes 2007-A, and Origen Manufactured Housing Contract Trust Collateralized Notes 2007-B. - We lowered our ratings from one class from Origen Manufactured Housing Contract Sr/Sub Asset-Backed Certs Series 2002-A. - Our rating actions reflect the loss coverage levels for each class given our loss expectations and existing credit enhancement. CENTENNIAL (S&P Global Ratings) Dec. 2, 2021--S&P Global Ratings today affirmed its ratings on one class from CIT Group Securitization Corp. II's (CIT) series 1995-2 and three classes from Origen Manufactured Housing Contract Trust 2006-A, Origen Manufactured Housing Contract Trust Collateralized Notes 2007-A, and Origen Manufactured Housing Contract Trust Collateralized Notes 2007-B. At the same time, we lowered our rating on one...

  
Report Type:

Ratings Action

Issuer
CIT Group Securitization Corp. II
Sector
Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions" Dec 02, 2021. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Four-Ratings-Affirmed-And-One-Lowered-On-Five-Manufactured-Housing-ABS-Transactions-2765339>
  
APA:
S&P Global Ratings’ Credit Research. (). Four Ratings Affirmed And One Lowered On Five Manufactured Housing ABS Transactions Dec 02, 2021. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Four-Ratings-Affirmed-And-One-Lowered-On-Five-Manufactured-Housing-ABS-Transactions-2765339>
  
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