...This special report provides an update to Fitch s special report titled Across the Board, Delinquencies Are Up, dated June #, ####, which reviewed mortgage insurance origination and performance trends at an ea rlier point in the current housing stress. This report extends that analysis of industry trends with the benefit of a further year of loan-level data. Fitch Ratings analyzed recent loan-level data from U.S. private mortgage insurance companies to evaluate early performance trends of the #### vintage year relative to immediately prior vintages, and to assess the impact of these trends on the near- term prospects for the U.S. private mortgage insurance industry. Highlights of this analysis include: The #### vintage insurance in force (IIF) disp lays significantly higher levels of first- year delinquencies than the #### and #### vintages, each of which displayed successively higher first-year deli nquencies than th e prior vintage. The composition of #### vintage...

Report Type: Special Report
Company(ies): MGIC Australia Pty Ltd., CMG Mortgage Insurance Company, Triad Guaranty Inc., PMI Mortgage Insurance Company Limited, MGIC Investment Corporation, PMI Insurance Co., United Guaranty Residential Insurance Co, GE Mortgage Insurance Limited, PMI Mortgage Insurance Ltd., The PMI Group, Inc., Genworth Mortgage Insurance Corporation, American International Group, Inc., PMI Guaranty Co, Genworth Financial, Inc., PMI Mortgage Insurance Company, Genworth Financial Assurance Corporation, Republic Mortgage Insurance Company, Mortgage Guaranty Insurance Corporation, Triad Guaranty Insurance Corporation, Old Republic International Corporation
Ticker(s): ORI , MTG , AIG , TGIC , PMI , GNW
Issuer: Private Residential Mortgage Insurance Corporation
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 

 Fitch Research
Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.