Securitization
Latest Posts
Assured Guaranty Takes Mark-to-Market Hit; Says New Business at Record Levels
Oct 22, 2007First, the bad news: Assured Guaranty said tonight that it will take a $163 million after-tax loss on financial guarantees written on credit default swap contracts when it reports its earnings next week. The guarantor said that 70 percent of its reported losses were driven by market-to-market activity, and that CDS net par outstanding stood at $62.3 billion as of the end of September. The good news is that business has never been better:
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ABX Hitting Too Many New Lows to Count; Index Calculation Changes Ahead?
Oct 19, 2007 -
Mortgage Woes Drive 10 Percent Drop in Earnings at Wachovia
Oct 19, 2007 -
Clayton Offers New Due Diligence Platform
Oct 15, 2007 -
Citi Reports; It Doesn’t Look Like Purging is Over Just Yet
Oct 15, 2007 -
Update: Litton’s Price Pegged at $500 Million
Oct 04, 2007 -
Fannie Mae Looking at C-BASS, Litton?
Oct 02, 2007 -
Moody’s Downgrades Homecomings Financial’s Servicer Ratings
Sep 27, 2007 -
AEI’s Wallison: Portfolio Expansion at Fannie, Freddie a Risk to Taxpayers
Sep 26, 2007 -
Some Weekend Reading
Sep 07, 2007 -
Delta Announces $900 Million Subprime Securitization
Sep 05, 2007
