Fitch Ratings

Mortgage Insurers Face Tough 2009, Fitch Says 

U.S. mortgage insurers face a rough road ahead, according to a report published Tuesday by Fitch Ratings, which said it expects insurers to face a negative outlook over the intermediate term. “Fitch expects continued loss development in 2009 as ‘at risk’ insured exposures move through their loss development cycles, national home prices continue to decline, and the overall U.S.