Fitch: Ryland view up to stable

Fitch Ratings said it affirmed Ryland Group, Inc.'s issuer default rating at BB and senior unsecured debt at BB.

The outlook has been revised to stable from negative.

The outlook revision reflects the company's strong liquidity position, improved operating results and moderately stronger prospects for the housing sector this year, Fitch said.

The ratings also reflect Ryland's successful execution of its business model, moderate financial policies, geographic and product line diversity and the still challenging U.S. housing environment, the agency said.

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