S&P Cuts Ratings on 4 Mortgage Insurers (AP via Yahoo! Finance)
Story date: 2008-04-08 03:54:06
Added on: 2008-04-08 16:00:08
Standard & Poor's Ratings Services late Tuesday slashed its credit ratings on four mortgage insurers because of concerns that rising unemployment and falling home prices could lead to more defaults and drag down the companies' earnings.
Read more...
Related Stories:
-
S&P: Mortgage Insurer Downgrade Unlikely (AP via Yahoo! Finance)
Standard & Poor's Ratings Services said Tuesday it is unlikely to cut credit ratings of mortgage insurers significantly in the next...
2007-10-09 01:51:22 -
Stocks lose gains on credit concerns
MSNBC - But the stock, along with the rest of the market, later reversed course after ratings agencies downgraded some bond insurers,...
2007-12-19 09:31:00 -
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 -
S&P: Bond Insurers Under Stress
BusinessWeek - ... Ratings Services on Dec. 19 announced various ratings actions (see list below) on six financial guaranty insurance companies....
2007-12-19 10:28:00 -
Fitch Downgrades $4.9B in Mortgage Bonds (AP via Yahoo! Finance)
Fitch Ratings slashed its rating on at least $4.9 billion in mortgage bonds on Tuesday because the ratings agency assumes more...
2008-04-08 02:05:14 -
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 -
PMI, Mortgage Insurers Fall on S&P Ratings Action (Update1)
Bloomberg - PMI, Mortgage Insurers Fall on S&P Ratings Action (Update1) By Josh P. Hamilton Oct ... insurers fell in New York...
2007-10-19 02:07:00 -
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