Fitch Ratings in New York said it is changing its mortgageinsurance rating model to reflect the impact of the U.S. subprimemortgage market collapse and could drop a few company ratings by anotch.
It said a ratings review and updates of mortgage insurance firmscould be expected in two weeks.
The rating firm said its mortgage insurance model updatescorrespond to recent revisions that were made by Fitch's U.S.Residential Mortgage-Backed Securities (RMBS) group in its mortgagedefault and loss model, known as ResiLogic.
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