Muni Bonds News and Perspectives

In a bid to help fix the housing crisis, the House of Representatives is considering a bill that would ease rules governing the use of tax-exempt bonds. Among...

The tobacco industry won a big victory after an appeals court in New York rejected the class-action status of a potentially costly lawsuit. The lawsuit, known...

Ambac’s recent announcement that it plans to raise $1.5 billion in new capital received mixed reviews from the three major rating agencies. S&P, Moody’s...

In response to the blizzard of e-mails and phone calls asking the question, “What’s up with my market values?” we will attempt a simple explanation of the...

American Capital Access (ACA), which saw its Standard & Poor’s rating drop from “A” to “CCC” last week, has indicated in an SEC filing that it remains in...

Bondholders received positive news when Standard & Poor’s reaffirmed Radian Asset Assurance’s “AA” financial strength rating, with a Stable Outlook. The...

Standard & Poor’s took several rating actions today affecting five of the major bond insurers. Deteriorating performance of subprime mortgage loans caused...

Bond insurers have been in the news lately as their forays in the subprime quagmire have come to light. Naturally, this has caught the attention of muni...

Supreme Court justices seemed skeptical over a couple’s claim that Kentucky violates the Constitution by taxing out-of-state bonds while exempting interest...

A proposal to relieve more than 20 million Americans of the Alternative Minimum Tax (AMT) for 2007 will be introduced next week as part of a package to...