Wednesday May 16 | Reuters
Regulator seeks $800 mln for Ambac policyholders
Wisconsin's insurance commissioner on Wednesday said he asked a state judge for permission to pay out about $800 million to policyholders of a unit of bankrupt bond insurer Ambac Financial Group Inc.
Ambac Retreats from BofA Litigation
Analyst Report ) has hit the headlines again for issues related to its Countrywide settlement.
Insurer files $5 million lawsuit against Harrisburg over bond payments missed in March
Ambac Assurance Corp. a New York-based bond insurer, today filed a suit against the city in Dauphin County Court seeking more than $5 million for bond payments the city missed in March.
Fitch: Recent Redwood RMBS deals solid
Only one borrower out of 1,800 newly originated prime loans backing Fitch -rated U.S. residential mortgage-backed securities is delinquent, the ratings giant said.
Bond Insurer Ambac Sues JPMorgan Over Mortgage Losses
Ambac Financial Group Inc., the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co.