TITLE

MI Firms Face More Woe

AUTHOR(S)
Finkelstein, Brad
PUB. DATE
June 2008
SOURCE
National Mortgage News;6/16/2008, Vol. 32 Issue 37, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the forecast made by Fitch Ratings Ltd. in 2007 for the mortgage industry in the U.S. In the report, Fitch discussed some trends which affected the overall mortgage industry like poor underwriting practices by lenders, home price declines, and increased willingness of borrowers to depart from their homes. Positively, Fitch predicted the return of the profitability of the mortgage industry in late 2009 or in 2010.
ACCESSION #
32827244

 

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