Reuters logo
BRIEF-Fitch says Q1 U.S. timeshare ABS delinquencies down; defaults up modestly
May 24, 2017 / 6:19 PM / 6 months ago

BRIEF-Fitch says Q1 U.S. timeshare ABS delinquencies down; defaults up modestly

May 24 (Reuters) - Fitch:

* Fitch says U.S. timeshare asset backed securities delinquencies fell last quarter but remain elevated from historically normal levels

* Fitch says expects U.S. delinquencies and defaults to remain stable in near term

* Fitch says 2017 rating outlook for U.S. timeshare ABS remains stable due in part to delevering structures found in timeshare transactions Source text for Eikon:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below