assured guaranty

Decline of insured US municipal bonds may be over- report

The amount of US insured municipal bonds was pegged at to $12.08 billion last year, the lowest since the financial crisis. However, Reuters reported that the steep decline may be over.

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Flagstar Bancorp agrees to a $105 million settlement to Assured Guaranty

Flagstar Bancorp Inc had agreed to pay $105 million to Assured Guaranty Ltd as settlement to a lawsuit against the bank for misrepresenting loan quality contained in $900 million of mortgage-backed securities.

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