Damaged safety net may let investors down

Muolo, Paul
January 2008
Mortgage Strategy;1/28/2008, p12
Trade Publication
The article discusses the foreseeable effects if bond insurers will go down in Great Britain. The author states that the mortgage market will cover great losses if these insurers collapse. The author emphasizes that insurance companies such as Ambac, Financial Guarantee Insurance Company and Municipal Bond Insurance Association insure bonds and they are the last defense against losses.


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