RSS Feed by Calculated Risk on 6/05/2008 08:00:00 PM
Thursday, June 05, 2008
Fitch: "Much more pessimistic on mortgage insurance sector"
From MarketWatch: Fitch downgrades MGIC Investment, PMI ratings
Fitch Ratings on Thursday downgraded MGIC Investment Corp., noting it has become much more pessimistic on its outlook for the mortgage insurance sector. ... Fitch also cut PMI Mortgage Insurance's rating ...Didn't Tanta once say it won't feel like a real housing bust until at least one mortgage insurer goes bankrupt?
