Fitch Places Military Housing Transactions on Rating Watch Negative

Fitch is placing the following military housing transaction ratings, with surety bonds from MBIA and AMBAC, on Rating Watch Negative: --Pacific Beacon LLC (CA) Military Housing (San Diego) 2006 Series A Class I ´AAA´, II ´AA´ & III ´A´; MBIA surety bond; --Ohana Military Communities, LLC (HI) Military Housing Revenue Bonds (Marine Corps Hawaii Housing Privatization Project) 2007 Series A Class I ´AA´& II ´A´; MBIA surety bond; --Ohana Military Communities, LLC (HI) Military Housing Revenue Bonds (Navy Hawaii Housing Privatization Project) 2006 Series A Class I ´AA´; MBIA surety bond; --Ohana Military Communities, LLC (HI) Military Housing Revenue Bonds (Marine Corps Hawaii Housing Privatization Project) 2006 Series B Class I ´AA´; MBIA surety bond; --Hampton Roads PPV, LLC Military Housing Taxable Revenue Bonds (Hampton Roads... [read full story]