Rise in mortgage repurchases a troubling trend?

Fitch report examines whether rising defaults signifies credit crisis

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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.