Fitch To Stress Test Aussie Mortgages

29 Sep 2010

Fitch Ratings says it will conduct stress tests on Australia’s mortgage market as concerns grow that the nation’s housing market may crumble.

Fitch Ratings says it will conduct stress tests on Australia’s mortgage market as concerns grow that the nation’s housing market may crumble. Fitch plans to analyze the potential impact of three scenarios, with varying levels of price declines on its residential mortgage-backed securities portfolio, as well as on ...

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