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Fitch Ratings : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "Fitch Ratings"

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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 | | 0 comments | Continued