Mortgage Insurance Mayhem - Sector Article - 2008/07/06 - CreditSights

Report title: Mortgage Insurance Mayhem

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2210 word report published Jul 06, 2008

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Abstract: While the sector was recently thrown a lifeline when Freddie Mac said that it would continue to treat the three major mortgage insurers as Type I Insurers, we believe that Freddie could rescind its decision on Radian in 2Q08.

Brief Excerpt: Mortgage Insurance Mayhem The near- to intermediate-term outlook for the mortgage insurance industry is extremely negative. Default trends in the private mortgage insurance market remain alarming. We believe that Radian Guaranty is...

Report Type: Sector Article
Source: CreditSights Inc
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