Industry News

Rise in mortgage repurchases a troubling trend?

Fitch report examines whether rising defaults signifies credit crisis
Published on Oct 10, 2006

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by CareyBot

Although investors are requiring mortgage originators to repurchase more loans because of early payment defaults, the rise in repurchases does not signify a troubling trend, Fitch Ratings concludes in a special report.

The report, published today, examines whether rising early payment defaults and loan repurchases are signs of a more serious credit crisis ...

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