NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings for M.D.C. Holdings, Inc. (NYSE: MDC), including the company's Issuer Default rating (IDR) at 'BBB-'. The Rating Outlook is Stable. A complete list of rating actions follows at the end of this release. KEY RATING DRIVERS The low investment grade rating is supported by the company's focus on a short land supply (keeping limited exposure to this key asset whose valuation is vulnerable in a housing contraction), above average liquid
| < Prev | Next > |
|---|
