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Fitch May Drop Some Mortgage Insurer Ratings

The rating firm said its mortgage insurance model updates correspond to recent revisions that were made by Fitch's U.S. Residential Mortgage-Backed Securities (RMBS) group in its mortgage default and

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Fitch Ratings in New York said it is changing its mortgage insurance rating model to reflect the impact of the U.S. subprime mortgage market collapse and could drop a few company ratings by a notch.

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