CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of La Hipotecaria's Panamanian cross-border transactions. A full list of rating actions follows at the end of this press release. KEY RATING DRIVERS -- Low Level of Delinquencies Delinquency levels have been in line with Fitch's expectations; excellent performance of the underlying portfolios is partly attributed to the direct deduction payment mechanism benefitting the majority of the securitized loans. La Hipotecaria Eighth Mort