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Home » Store » News » Fitch Affirms WaMu’s Covered Bond Rating, Other Programs May Emerge, Legislative Prospects Falter

Fitch Affirms WaMu’s Covered Bond Rating, Other Programs May Emerge, Legislative Prospects Falter

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Fitch Ratings last week affirmed the AA+ rating on Washington Mutual’s covered bonds with a total outstanding balance of $7.8 billion, and other covered transactions may be forthcoming from some of the biggest mortgage lenders in the next few months, even as the prospects for the passage of enabling legislation by Congress this year may be fading...
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