Sentence examples for insured securities from inspiring English sources

Banks that insured securities with ACA have another reason to keep the company afloat — if it fails they may have to restate earnings they have already booked as a result of their dealings with the company.

But the biggest insurers, MBIA and the Ambac Financial Group, have unwisely insured securities linked to toxic subprime mortgages.

But those who bought the other insured securities, including credit-default swaps sold by MBIA, will be less secure than they would have been otherwise.

The company recognized $1.34 billion of pretax impairments and loss reserves linked to insured securities with housing exposure.

If it did, the banks that insured securities with the ACA Financial Guaranty Corporation would have to take back billions in losses from the insurer under the terms of the credit protection they bought from the company.

The company recognized a total of $1.34 billion of pretax impairments and loss reserves linked to insured securities with housing exposure.

Monoline insurers do a straightforward job: they insure securities — guaranteeing, for instance, that if a bond defaults they'll cover the interest and the principal.

MBIA is suing Merrill Lynch, which paid MBIA to insure securities backed by extraordinarily complex securities, among them collateralized debt obligations secured by collateralized debt obligations secured by collateralized debt obligations that were secured by mortgage-backed securities.

BLOOMBERG NEWS Bank of America Dealt Setbackck in MBIA Lawsuit  |  A judge lowered the burden of proof on the bond insurer MBIA, which has accused Countrywide Financial, a unit of Bank of America, of fraudulently inducing it to insure securities, Reuters reports.

Some of the banks suing MBIA are also being sued by it, on claims that they defrauded MBIA by getting it to insure securities backed by mortgage loans that never should have been made.

Under this alternative, taxpayers would insure securities backed by home loans, which is what Fannie and Freddie already do.