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Loan Modification

: Mortgage Lender Implode-o-Meter

Assured Guaranty Gets Ratings Chop

By Implode-Explode Heavy Industries

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"Fitch Ratings cut the ratings of monoline Assured Guaranty, in another blow to the insurer?s ability to do business. Assured is likely to continue to face rating struggles, a particular challenge, since under the terms of monoline operations, an insurer can not insure anything that carries a superior rating"

Full post as published by Mortgage Lender Implode-o-Meter on May 05, 2009 (boomark / email).

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