Mortgage Flu Continues

Not a good day yesterday for insurers in the credit derivatives and mortgage insurance space. Earnings that reflect the August credit market meltdown combined with the negative market tone driven by Merrill’s additional write-offs from a day earlier to send this sector sharply down.

MBIA YTD Performance

MTG YTD Performance

Advertisements

0 Responses to “Mortgage Flu Continues”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s





%d bloggers like this: