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MBIA Rises After Agreeing to Reinsure Municipal Debt (Update1) - Bloomberg
This article related to: housing slump, cash out refinance, refinance, Mortgage Loans, home loans, home equity loan, home loan, Personal Loans, housing market, Commercial Loans, Foreclosure, federal reserve interest rates, Foreclosure, Mortgage
Aug. 28 (Bloomberg) -- MBIA Inc. rose in Europe after the company agreed to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co. , winning new business after losing its top AAA rating. MBIA, the largest bond insurer, jumped ...