PMI, Mortgage Insurers Fall on S&P Ratings Action (Update1)
Story date: 2007-10-19 02:07:00
Added on: 2007-10-19 22:47:46
Bloomberg - PMI, Mortgage Insurers Fall on S&P Ratings Action (Update1) By Josh P. Hamilton Oct ... insurers fell in New York trading after Standard & Poor's put the company's credit ... Stagnant home prices make it harder for banks to recover when loans go bad ...
Read more...
Related Stories:
-
Moody's warns on ratings of four bond insurers
Boston Globe - The ratings agency is concerned the insurers do not have sufficient capital to support their ratings -- which are...
2007-12-17 02:53:00 -
UPDATE 1-Moody's to complete ratings of 500 CDOs this week
Reuters - The latest action comes as rivals Standard & Poor's and Fitch Ratings begin another round of reassessing misjudged ratings on...
2007-10-30 01:39:00 -
S&P Cuts Ratings on 4 Mortgage Insurers (AP via Yahoo! Finance)
Standard & Poor's Ratings Services late Tuesday slashed its credit ratings on four mortgage insurers because of concerns that rising unemployment...
2008-04-08 03:54:06 -
S&P cuts crucial ratings on more bond insurers (AP via Yahoo! Finance)
Credit ratings agency Standard & Poor's said Friday evening it cut the financial strength ratings of bond insurers XL Capital Assurance...
2008-06-09 06:52:51 -
MBIA and Ambac Fall on Ratings Fear (NYTimes.com via Yahoo! Finance)
Shares of two bond insurers, MBIA Inc. and the Ambac Financial Group, fell sharply on concern they would lose their AAA...
2008-01-18 01:40:10 -
Bond insurers act to keep ratings
MSN MoneyCentral - Specialist bond insurers are exploring ways of improving their financial standing and avoiding losing their top credit ratings because...
2007-11-18 11:34:00 -
UPDATE 2-Subprime no threat to US property insurers-agencies
Reuters - NEW YORK, Aug 29 (Reuters) - U.S. insurance companies should be able to weather current turmoil in the subprime mortgage...
2007-08-29 10:21:00 -
House's Frank Says Muni-Bond Ratings Are `Ridiculous' (Update1)
Bloomberg - Because ratings are typically lower on the municipal scale, local governments have paid insurance companies to back their bonds with...
2008-03-12 05:38:00