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Real Estate & Property Law

: Housing Wire

Moody?s Eyes the Chopping Block for Monolines

By DIANA GOLOBAY

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As the extent of the damage to monolines from deteriorating mortgage performance continues to unwind, at least one credit rating agency is busy again this week considering downgrades. Moody’s Investors Service placed the Aa3 insurance financial strength ratings of monoline Financial Security Assurance on review for possible downgrade. The action comes as the firm’s US insured [...]

Full post as published by Housing Wire on May 21, 2009 (boomark / email).

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