One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2 - S&P Global Ratings’ Credit Research

One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2

One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2 - S&P Global Ratings’ Credit Research
One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2
Published Jul 28, 2022
3 pages (1222 words) — Published Jul 28, 2022
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Abstract:

We affirmed our rating on one class from CIT Group Securitization Corp. II series 1995-2. NEW YORK (S&P Global Ratings) July 28, 2022--S&P Global Ratings today affirmed its 'CC (sf)' rating on class B from CIT Group Securitization Corp. II's series 1995-2. (See list.) The transaction is backed by a collateral pool of manufactured housing loans that are currently serviced by Caliber Home Loans Inc. As defined in our criteria, the 'CC (sf)' rating reflects our view that the related class remains virtually certain to default (see "General Criteria: Criteria For Assigning 'CCC+', 'CCC', 'CCC-', And 'CC' Ratings," published Oct. 1, 2012). General Criteria: Environmental, Social, And Governance Principles In Credit Ratings, Oct. 10, 2021 Criteria Structured Finance

  
Brief Excerpt:

...- We affirmed our rating on one class from CIT Group Securitization Corp. II series 1995-2. NEW YORK (S&P Global Ratings) July 28, 2022--S&P Global Ratings today affirmed its '## (sf)' rating on class B from CIT Group Securitization Corp. II's series 1995-2. (See list.) The transaction is backed by a collateral pool of manufactured housing loans that are currently serviced by Caliber Home Loans Inc. As defined in our criteria, the '## (sf)' rating reflects our view that the related class remains virtually certain to default (see "General Criteria: Criteria For Assigning '###+', '###', '###-', And '##' Ratings," published Oct. 1, 2012)....

  
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MLA:
S&P Global Ratings’ Credit Research. "One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2" Jul 28, 2022. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/One-Rating-Affirmed-On-CIT-Group-Securitization-Corp-II-Series-1995-2-2872802>
  
APA:
S&P Global Ratings’ Credit Research. (). One Rating Affirmed On CIT Group Securitization Corp. II Series 1995-2 Jul 28, 2022. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/One-Rating-Affirmed-On-CIT-Group-Securitization-Corp-II-Series-1995-2-2872802>
  
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