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Mortgage Insurer Delinquencies Rise

The rating firm said it expects that the overall level of loss reserves will continue to escalate over the next few years as the weaker vintages of 2005 and 2006 mortgages begin to reach their peak de

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Loan delinquencies are on the rise at U.S. mortgage insurance companies, which is likely to send their loss ratios soaring, according to a study by Fitch Ratings in New York.

Fitch’s findings were contained in a special report that examining recent trends in the domestic business of the mortgage insurance market.

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