26,
Ambac Financial Group Inc., New York, announced that Ambac Assurance Corporation (AAC) and Segregated Account of AAC have settled residential mortgage-backed securities (RMBS) litigation and disputes against JPMorgan Chase & Co.
that alleged that
Ambac Financial Group Inc., and other credit rating
Bond insurer
Ambac Financial Group Inc. first quarter net profit grew 11 percent as it saw increases in net premiums earned and investment gains.
(9.) See
Ambac Financial Group Inc., Annual Report (Form 10-K) 59
monoline companies
Ambac Financial Group Inc. and MBIA Insurance Corp.
The turnpike had hoped to refinance the $126 million in swaption bonds insured by
Ambac Financial Group Inc., whose credit rating has fallen because of the nationwide credit squeeze, but those bonds have been repeatedly rejected for purchase at Wall Street auctions this year.
stocks rallied in the final minutes of trading Friday, helping the market post its second straight weekly gain, as speculation bond insurer
Ambac Financial Group Inc. may be rescued overcame concern bank earnings will falter.
However, Young is not so optimistic about
Ambac Financial Group Inc., given the recent credit crisis.
In exchange, investors are offered triple-A rated bonds backed by a guarantor such as
Ambac Financial Group Inc. or MBLA Inc., says South Carolina's Jones.
Ambac Financial Group Inc. reversed a fourth-quarter loss thanks to lower losses from claims and expenses, and higher income from investments.
bond insurers
Ambac Financial Group Inc. and MBIA Insurance Corp.
The Flagstar case mirrors other lawsuits by insurers such as MBIA Inc and
Ambac Financial Group Inc. Defendants have included JPMorgan Chase & Co, Credit Suisse Group AG and Bank of America Corp's Countrywide Financial unit.