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Real Estate & Property Law

: Housing Wire

Euro DTI Underwriting Weak, Says Fitch

By JACOB GAFFNEY

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The standards for underwriting in the European residential market in regards to debt-to-income (DTI) ratios may lead to poorer performance among adjustable-rate mortgages. This applies especially to any loans being approved in the current era of traditionally low interest rates on the continent, according to a report from Fitch Ratings. DTI is a contentious sticking point among [...]

Full post as published by Housing Wire on June 16, 2009 (boomark / email).

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