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.
It said that the overall delinquency rate of primary insurance in force went from 3.9 in 2004 to just under 4.4 percent in 2006.
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