July 14, 2024

subprime loansHuge, New York Stock listed MBIA, Inc., through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide.

MBIA could sustain claims losses exceeding a half-billion dollars if the subprime mortgage market worsens, according to Barron's. The company might have to issue more stock, diluting shareholders, it says.[tags] subprime loans, foreclosures, home loans, real estate bubble, housing bubble, mortgage market[/tags] condos downtown San Diego

4 thoughts on “Barron’s says MBIA Could Suffer If Subprime Mortgage Market Worsens

Comments are closed.