Mortgage market shows sings of stability

In its latest Greek mortgage market index report, on the second quarter of 2013, Fitch Ratings said the recent rise in permitted variations in certain Residential Mortgage-Backed Security (RMBS) transactions has helped stabilize the arrears levels within Greek RMBS.The portion of loans in arrears by more than three months excluding defaults as a percentage of collateral balance among Fitch-rated ...

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