 |
| READ THE ORIGINAL POST AT www.greekherald.com |
How the world sees Greece
Friday, October 18, 2013
RPT-Fitch Greek Mortgage Market Index Shows RMBS Arrears Reaching New Peak
Fri Oct 18, 2013 5:47am EDT
(Repeat for additional subscribers)
Oct 18 (Reuters) - (The following statement was released by the rating agency)
In its Q313 Greek mortgage market index report, Fitch Ratings notes that the level of three-month plus arrears excluding defaults has reached a new high of 5.2%, despite showing some signs of stabilisation earlier in the year.
Although the level of arrears ...
