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Real Estate & Property Law

: Housing Wire

Assured Guaranty Gets Ratings Chop

By JACOB GAFFNEY

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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. This means that Assured Guaranty, cut from [...]

Full post as published by Housing Wire on May 05, 2009 (boomark / email).

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