Rise in mortgage repurchases a troubling trend?

Fitch report examines whether rising defaults signifies credit crisis

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.