Ambac’s Problems Deepen Credit Union’s MBS Losses
The U.S. Central Federal Credit Union reports it had to restates its 2009 fourth-quarter results because Ambac Assurance’s difficulties have restricted its ability to pay bond claims.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast