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Real Estate & Property Law

: Housing Wire

Mortgage Insurers Face Tough 2009, Fitch Says

By PAUL JACKSON

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U.S. mortgage insurers face a rough road ahead, according to a report published Tuesday by Fitch Ratings, which said it expects insurers to face a negative outlook over the intermediate term. “Fitch expects continued loss development in 2009 as ‘at risk’ insured exposures move through their loss development cycles, national home prices continue to decline, [...]

Full post as published by Housing Wire on January 13, 2009 (boomark / email).

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