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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (25013)1/20/2005 11:10:40 AM
From: ild  Read Replies (1) of 110194
 
Did you read this:

Sickened By Fraud, A Real Estate Appraiser Turns In His Pencil
Message 20963717

I also looked ar RDN numbers.
THeir credit quality is going down the drain.


                                               Quarter Ended
                                                      December 31
                                            2004      %      2003      %

    Total Primary New Insurance Written
     by FICO Score
    (in millions)
      <=619                                 1,922   16.4%      992    7.8%
      620-679                               4,048   34.6%    3,838   30.2%
      680-739                               3,558   30.4%    4,828   38.1%
      >=740                                 2,174   18.6%    3,034   23.9%
    Total                                  11,702  100.0%   12,692  100.0%
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