Sentences with phrase «bond insurance»

This is particularly true in an era where municipal bond insurance is less prevalent, and as such credit analysis has more value.
Consequently, ratings of bond insurance firms have continued to sink.
The administrative spread covers such expenses as bond insurance premiums, bond trustee fees, loan servicing expense, loan defaults, and other operating costs.
«Credit default swaps» are bond insurance policies.
As you are all no doubt aware, there has been quite a lot of discussion in recent weeks about the mortgage insurance and bond insurance sector.
By requiring bonding insurance, these states guarantee that the creditors who hire collection agencies are protected against loss resulting from fraud or incompetence on the part of the agency.
First, the real value of the municipal bond insurance was not for credit enhancement.
«For Moody's [or Standard and Poor's] to put a bond insurer on negative watch (indicating a rating cut was being considered) could have extremely negative ramifications» for the entire bond insurance business, said David Merkel with Hovde Capital Advisors in Washington, DC.
So the National League of Cities is asking the federal government for $ 5 billion to create a public company to provide bond insurance.
6) Muni bond insurance is thought insurance.
This risk is minimal for mortgage - backed securities issued by government agencies or government - sponsored enterprises — also known as «agency» securities issued by Ginnie Mae, Fannie Mae or Freddie Mac — and most asset - backed securities, which tend to carry bond insurance that guarantees payments of interest and principal to investors.
Losses from the current credit market crisis have affected bond insurance firms — firms that guarantee municipal bonds — and placed the entire municipal bond market under a cloud.
Commercial Auto Insurance General Liability Insurance Commercial Property Insurance Professional Liability Insurance E&O Insurance Errors & Omissions Insurance Malpractice Insurance Workers Compensation Insurance Disability Insurance Surety Bonds Bond Insurance Health Insurance Food Truck Insurance
David Einhorn, whose Greenlight Capital was down 14 percent in the first quarter, presented an existing short position in bond insurance company Assured Guaranty Ltd..
The Crowdfunding Portal Requirements provide that portals will be subject to a minimum net capital requirement of $ 50,000 and a fidelity bond insurance requirement of at least $ 50,000.
Over the years, he specialized in construction bond insurance, and during the 1970s and early 1980s he worked as a broker at McManus & Pellouchoud in Chicago.
«It's worrisome,» said John Musso, the executive director of the National Association of School Business Officials, based in Reston, Va. «If [the cost of] bond insurance goes up significantly, that translates into additional costs for the district, which translates into additional costs to the taxpayers.»
Schools districts that rely on bond insurance to help them save money on the borrowing they do for construction projects and special programs could be affected by major ups and downs in that industry, at a time when many districts are already nervous about state budget cuts and a sagging national economy.
There's nothing wrong with back - to - basics bond insurance as a business — after all, Warren Buffett himself is getting into it.
FGIC and other bond insurance companies have been hobbled by their expansion into guaranteeing risky collateralized debt obligations (CDOs) and asset backed bonds, markets that have been hammered by rising mortgage losses.
These doubts caused the State of New York to threaten to break up some or all of these insurers, separating the low risk municipal bond insurance portfolios from other commitments in order to protect market access for thousands of state and local borrowers.
Most of the municipalities with the failed auctions are creditworthy entities that don't need bond insurance.
VRDOs are normally backed by some sort of credit enhancement, which is different than the classic bond insurance.
Monoline bond insurance companies, such as MBIA and Ambac Financial Group Inc., have been hit the hardest as they scramble to raise capital to cover possible defaults and to stave off a downgrade from the ratings agencies.
If bond insurance disappears or becomes too costly, lenders will become even more cautious about making loans, and this could impact everyone from mortgage - seekers to municipalities that need money to fix roads and build schools.
Recently, Buffett's Berkshire Hathaway cut its exposure to the municipal bond insurance market.
Now, you need to look through the features which match your needs like - medical expenses, tuition fee, personal accident, loss of luggage, bail bond insurance, family visit etc..
What this means, if Moody's follows through, and S&P follows suit, is that muni bond insurance is likely dead for some time.
This risk is minimal for mortgage - backed securities issued by government agencies or government - sponsored enterprises — also known as «agency» securities issued by Ginnie Mae, Fannie Mae or Freddie Mac — and most asset - backed securities, which tend to carry bond insurance that guarantees payments of interest and principal to investors.)
The Conference believes that analytical techniques that are widely - accepted by the capital markets, such as those used by the rating agencies to evaluate the financial stability of municipal bond insurance companies, should be drawn upon to estimate the appropriate subsidy cost.
Now the City of Los Angeles is bringing a suit against the financial guarantors for forcing them to buy unnecessary municipal bond insurance.
Crowley of Fiscal Advisors and Marketing Inc. of Syracuse said she learned of the town - guaranteed loans from a bond insurance company official, who said he had received a call from a Newsday reporter.
Could someone explain to me the difference between «bond insurance» and a hedge fund that is short gamma on a default barrier option.
Bond insurance is bogus.
I say the Feds should backstop the current policies and stop the «business» of bond insurance.
Bond Insurance Card: If you post a bond of at least $ 55,000 in value with Iowa's Department of Transportation, you will receive a bond insurance card which acts as proof of financial responsibility.
In exchange, FGIC would pay the banks some amount to offset the drop in value of those securities, or give them equity stakes in the new municipal - bond insurance company.
The rating agencies have adopted the bond insurance industry's definition of capital in the form of «Claims Paying Resources» or «CPR.»
As such, we believe that Berkshire Hathaway will likely quickly reach an 80 % -90 % market share of municipal bond insurance.
Warren Buffett and his company, Berkshire Hathaway, see this as on opportunity to enter into the Bond insurance business.
They will shrink and disappear, while new guarantors, who are all currently skeptical of doing much more than Municipal bond insurance, will grow, and make it impossible for the old guarantors to return, because they are much better capitalized.
At the present time, bond insurance is no longer viewed as providing any protection to munis.

Phrases with «bond insurance»

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