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Home » Store » News » Rating Agencies See No Silver Lining For Private Mortgage Insurers in 2009

Rating Agencies See No Silver Lining For Private Mortgage Insurers in 2009

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There appears to be no relief in sight for private mortgage insurers as credit rating agencies predict more instability and continued negative outlook for MIs in 2009. The negative industry outlook reflects the current economic crisis, which has triggered a decline in regulatory capital for most MIs and made it difficult to maintain adequate capital levels, according to...
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