Municipal Bond Credit Report: Home Sales Fell 4.9% in January, Extending Slump in Housing Market
Municipal Bond Credit Report: Sales of existing homes fell in January, starting the year on a down note after two consecutive years of extremely sluggish sales… Link to Story
Municipal Bond Credit Report: Defaulting Alabama hospital starts bankruptcy
Municipal Bond Credit Report: The Jackson Hospital and Clinic of Montgomery, Alabama, has entered Chapter 11 bankruptcy, affecting $61 million of bond debt it defaulted on in September… Link to…
Municipal Bond Credit Report: Bondholders outweigh elderly residents in Long Island CCRC bankruptcy
Municipal Bond Credit Report: Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last…
Municipal Bond Credit Report: Impacts of hurricanes Helene, Milton linger in Southeast
Municipal Bond Credit Report: The recovery of Florida, North Carolina, and Tennessee local governments and utilities from hurricanes Helene and Milton continues but the outlook for next season and beyond…
Municipal Bond Credit Report: U.S. Activity Loses Pace at Start of Year
Municipal Bond Credit Report: U.S. economic activity expanded at a slower pace at the start of the year, despite signs of recovery in the factory sector… Link to Story
Municipal Bond Credit Report: U.S. Homes Sales in 2024 Fell to Lowest Level in Nearly 30 Years
Municipal Bond Credit Report: U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to stubbornly high mortgage rates… Link…
Municipal Bond Credit Report: Chicago receives S&P downgrade to BBB
Municipal Bond Credit Report: S&P Global Ratings downgraded Chicago’s general obligation debt to BBB from BBB-plus Tuesday, saying the city’s 2025 budget fails to address a persistent structural imbalance… Link…
Municipal Bond Credit Report: Amid payment disputes by tobacco giants, Ohio makes reserve draw
Municipal Bond Credit Report: Less than five years after Ohio restructured the credit to avoid a default, the Buckeye Tobacco Settlement Financing Authority needed a debt service reserve draw to…
Municipal Bond Credit Report: L.A. fire loss estimated at $20 billion in early figures
Municipal Bond Credit Report: As Los Angeles battles wildfires, Mayor Karen Bass is being criticized for the roughly $17 million in cuts made to the Los Angeles Fire Department’s budget……
Municipal Bond Credit Report: Proton facilities default on payments
Municipal Bond Credit Report: The new year rang in fresh signs of distress at a pair of long-struggling cancer treatment centers in Maryland and Arkansas financed with bonds through Wisconsin’s…
