Tag:

Bond Putbacks

Latest Headlines

Latest Headlines

Bank of America's putback burden still heavy

We all knew Bank of America's Countrywide deal stuck it with a whole lot of bad loans, but it's never been exactly clear how bad. One proxy has been the level of putback exposure the bank has been

The end of bond insurer MBIA?

You have to give MBIA some credit for simply staying alive as a corporate entity in the wake of the financial crisis. Of course, to some that's tantamount to giving Lehman Brothers credit for staying