Industry NewsMortgage

Mortgage insurer Triad could lose Fannie, Freddie business

Fitch downgrade follows capital warnings
Published on Apr 3, 2008

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by CareyBot

Triad Guaranty Insurance Corp. has 90 days to come up with a remediation plan in order to continue providing mortgage insurance for loans purchased by Freddie Mac, after analysts downgraded the company’s insurer financial strength. Fitch, which had warned of ...