Fitch Ratings said Tuesday that it has affirmed the ratings for M/I Homes, Inc. (MHO), including the company's Issuer Default Rating at 'B'.
The Rating Outlook is Stable.
Fitch said M/I Homes' ratings and outlook reflect the company's execution of its business model in the current housing environment, management's demonstrated ability to manage land and development spending, healthy liquidity position and the improving industry outlook for 2013 and 2014.
For comments and feedback: editorial@rttnews.com