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Fitch Ratings

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Euro DTI Underwriting Weak, Says Fitch 

Jun 16, 2009By

The standards for underwriting in the European residential market in regards to debt-to-income (DTI) ratios may lead to poorer performance among adjustable-rate mortgages. This applies especially to any loans being approved in the current era of traditionally low interest rates on the continent, according to a report from Fitch Ratings.

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