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Selected NewsFitch Affirms $540.7MM Downgrades $582.9MM from 4 Centex 2005 Subprime Deals (Business Wire via Yahoo Finance)NEW YORKFitch Ratings has taken the following rating actions on Centex Home Equity Loan Trust mortgage passthrough certificates. Affirmations total $540.7 million and downgrades total $582.9 million. Read more KB Home Reports First Quarter 2008 Financial Results (Business Wire via Yahoo Finance)LOS ANGELESKB Home , one of Americas largest homebuilders, today reported financial results for its first quarter ended February 29, 2008. Results include: Revenues totaled $794.2 million in the first quarter of 2008, down 43 from $1.39 billion in the yearearlier quarter. Read more Fitch Downgrades Urbi Desarrollos Urbanos to A(mex) ; Affirms Int l .IDR at BB (InfoBolsa)IDR at BB 28/03/2008 22:19:00 Business Wire Fitch Ratings has affirmed the BB foreign and local currency issuer default ratings (IDRs) of Urbi Desarrollos Urbanos, S.A.B. Read more Cumulative Capital Corporation Finances HughesNet Brand Satellite Family (InfoBolsa)28/03/2008 20:12:00 Business Wire Cumulative Capital Corporation (Cumulative) announced today that it has issued a Term Sheet to finance the HughesNet brand Satellite Family. Read more Blogs about Home Equity Wire
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