Cure Rates Plunge Among Prime RMBS, Fitch Says

Nasdaq and S&P down seven per cent while dow jones falls 600 points Obama admits ‘tough time’ but says: ‘U.S. will always be a triple-A country’ Euro markets boosted by authorities’ vow to buy Italian.

Unemployment in the US fell from 7.7 per cent to 7.6 per cent in March – below the 7.8 per cent rate seen in Britain and 12 per cent. s stripped Britain of its AAA status earlier this year. Fitch,

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While the number of U.S. prime residential mortgage-backed securities loans rolling into a delinquency status has recently slowed, this improvement is being overwhelmed by the dramatic decrease in delinquency cure rates that has occurred since 2006, according to Fitch Ratings. An increasing number of borrowers who are underwater on their mortgages appear to be driving [.]

Obama blames problems in Europe, which have ‘washed over’ to U.S. President says he inherited problems when he entered the White House Asian markets plunge for another day, with Hang Seng down 5.7 per.

This is some kind of morphine that stabilises the paient – and the real medication and the real treatment has to come. interesting comments just out from Fitch, the rating agency, on the EU/ECB/IMF.

The number of non-Hispanic whites, whose median age is now 41, edged up slightly to 197million. Declining birth rates meant their share of the total U.S. population dropped over the last decade from.

The national debt hit £742.4billion in 2008-09. In 2006-07, before the recession began, it was £497.9billion. The warning comes after Fitch became the latest ratings agency to say that of the world’s.

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They don’t exactly understand the diagnosis and treatment. declining public debt path,’ says ratings agency Fitch. The economy is growing, the budget position is relatively favourable and nominal.

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Italy and Spain were among the nations. downgrades – threatens to plunge Britain back into recession. The UK economy shrank by 0.2 per cent in the final quarter of 2011, leaving it perilously close.