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Fitch Group

Latest Posts

Fitch: Non-Agency REO Volume Jumps 441 Percent 

Jul 01, 2008By

It looks like investors and rating agencies alike are discovering REO, finally. Unprecedented growth of U.S. real estate-owned property volumes and the costs needed to maintain these assets are hindering recoveries and may increase loss severities upon liquidation, presenting a lofty task ahead for RMBS servicers, according to Fitch Ratings in a new report released Tuesday morning.

3d rendering of a row of luxury townhouses along a street

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