TITLE

Damaged safety net may let investors down

AUTHOR(S)
Muolo, Paul
PUB. DATE
January 2008
SOURCE
Mortgage Strategy;1/28/2008, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
28816921

 

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