Bond insurance

Mortgage rates dropped as Europeans worrying about a Greek default beefed up investments in American mortgage-backed bonds.

Almost seven years after the financial crisis, bond investors are rediscovering their appetite for new debt tied to the housing market.

Radian Group in Philadelphia began a sale of $300 million in senior notes.

New York's highest court may have shut the door to many future lawsuits over flawed mortgage bonds, ruling investors have six years from the day the deal closed to pursue remedies.

The New York City Housing Development Corp. board approved a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Goldman Sachs Group Inc. is in talks to pay $2 billion to $3 billion to settle a probe into its sales of mortgage bonds leading up to the financial crisis, according to a person with direct knowledge of the situation.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.

Fannie Mae is planning to follow the lead of its rival, Freddie Mac, and offer securities with exposure to actual losses on the single-family mortgages that it ensures.

Issuance of securities without government backing tied to homeowners with weak credit records or other imperfections has been frozen since 2008.

New York law gives investors who say they were duped into buying flawed mortgage bonds six years to sue. But does the clock start ticking on the day the bonds were packaged or after problems with the loans came to light?

Pacific Investment Management Co. accused American International Group Inc. of misleading investors about "colossal" losing bets on unregulated credit-default swaps and subprime debt before the 2008 financial crisis.

The new Pimco managers of the world's largest bond fund are embracing the mortgage securities that Bill Gross shunned.

The Massachusetts Development Finance Agency issued tax-exempt bonds totaling $95.5 million for six affordable housing development projects in Boston.

Standard & Poor's had more than two times more upgrades than downgrades in 2014.

If you want to know what a Greek exit from the euro would do to the €16.7 billion ($19 billion) of bonds out there backed by Greek assets, a good place to start is Argentina.

The Connecticut Housing Finance Authority plans to sell $150 million of mortgage finance program bonds, starting with a retail order day on Monday.

Radian Group Inc. is seeking to sell bond insurer Radian Asset and Assured Guaranty or MBIA may turn out to be the buyer.

State housing finance authorities will deleverage their bond programs, build equity and improve financial ratios, according to Fitch Ratings.

Credit Suisse Group settled a three-year-old lawsuit by Assured Guaranty accusing the bank of misrepresenting the quality of loans in mortgage-backed securities it insured.

A renewed interest in subdivisions that stalled during the recession is likely the main reason the California Debt and Investment Advisory Commission reported doubling of refunding volume in land-secured Mello-Roos bonds from fiscal year 2011-12 to 2012-13, according to government consultant Larry Kosmont.