All Posts Tagged With: "Fitch Ratings"
Mortgages: Less Hope For Delinquent Borrowers
For all the talk regarding mortgage modifications, the open secret has been fairly clear: Most modifications are failing. Once behind most people do not catch up. According to Fitch Ratings, so-called cure rates for delinquent prime loans — the highest quality loans — have declined from an average of 45% during 2000-2006 to the currently [...]
25Aug2009 | Peter G. Miller | 0 comments | Continued
