February 08, 2010 09:10 AM Eastern Time

Fitch: New Year, No Improvement as U.S. Prime Jumbo RMBS Delinquencies Approach 10%

NEW YORK--(BUSINESS WIRE)--U.S. prime jumbo loan performance continued to weaken in January as serious delinquencies rose for the 32nd consecutive month, according to Fitch Ratings in the latest edition of Performance Metrics.

“The new year has brought no relief from declining jumbo loan performanceâ€