Volume 27 - Number 5
February 4, 2010
Private MIs’ Bumpy Ride Continues in 2010 as Mortgage Industry Woes Linger, Analysts Say
The private mortgage insurance industry’s roller-coaster ride is expected to continue in 2010, propelled by rising mortgage delinquencies, unemployment, increased foreclosures, more policy rescissions and with a few bright spots due to ongoing loan modification efforts. Analysts at Keefe, Bruyette & Woods and Fitch Ratings are less than optimistic in their outlook for...
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