Municipal Bond Credit Report: Shrinking Office Building Values Are Becoming a Dilemma for City Budgets
Municipal Bond Credit Report: The sharp decline in office building values is likely to become a growing problem for the budgets of cities, schools and other jurisdictions that depend heavily…
Municipal Bond Credit Report: As federal funds dwindle, New York transit stares down deficits
Municipal Bond Credit Report: As the federal government’s emergency COVID-19 aid dwindles, the New York Metropolitan Transportation Authority is looking at ways to restore its fiscal health in the face…
Municipal Bond Credit Report: American Dream mall draws on reserves again to meet debt obligations
Municipal Bond Credit Report: For the second time this year, the trustee of bonds issued for the American Dream Mall in New Jersey drew down a reserve account to make…
Municipal Bond Credit Report: Puget Sound wastewater plants may need billions to meet state mandates
Municipal Bond Credit Report: An effort to protect Puget Sound’s marine life has ignited a debate over a new environmental mandate that wastewater treatment plants say will cost billions and…
Municipal Bond Credit Report: Carvana Creditors Criticize Management, Gird for a Fight
Municipal Bond Credit Report: Investors in online used-car seller Carvana Co. say they are frustrated at how executives handled the company’s downturn and are anxious about being pushed aside in…
Municipal Bond Credit Report: Florida Developers Are Holding Off on Big Projects as Insurance Costs Surge
Municipal Bond Credit Report: David Lynd, a San Antonio-based developer of large-scale apartment buildings, had been expanding his business in South Florida. But recently, he decided to put one of…
Municipal Bond Credit Report: U.S. Government to Backstop Mortgages Above $1 Million Mark for First Time
Municipal Bond Credit Report: The federal government is about to backstop mortgages of more than $1 million for the first time in high-cost markets, such as parts of California and…
Municipal Bond Credit Report: The great American ‘homewashing’ is happening under our noses
Municipal Bond Credit Report: This is about a $1 trillion government-sponsored enterprise built upon a myth — the myth of the American home. It is also about reform on the…
Municipal Bond Credit Report: Sale of Oklahoma senior living facilities sought in bankruptcy
Municipal Bond Credit Report: A non-profit Texas corporation that defaulted on bonds sold to purchase two senior living facilities in Oklahoma aims to sell those assets through its recent bankruptcy…
Municipal Bond Credit Report: Junk-Rated Companies Face Greater Downgrade Risks as Economy Slows
Municipal Bond Credit Report: High-yield companies in the consumer goods, healthcare and entertainment industries are increasingly at risk of credit downgrades and even defaults as they battle rising interest rates…
