News Sources wrote an interesting post today on
Here’s a quick excerpt
Note: We are re-issuing this post after correcting a mistake in the original post that ran yesterday. As a result of another sign of dwindling confidence about MBIA Incorporated’s ( MBI ) business prospects, Standard & Poor’s (S&P;) has downgraded its ratings on the parent company as well as its structured finance insurance arm, MBIA Insurance Corporation. Rating of the parent company has been slashed to “BB-“ from “BB” and its subsidiary MBIA Insurance Corporation’s rating has

Read the rest of this great post here

This entry was posted on Wednesday, September 30th, 2009 at 10:20 pm and is filed under Mortgage Loan News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.