Category: Municipal Bond Credit Report
-
Municipal Bond Credit Report: New Jersey college asks bondholders to allow borrowing against mortgage
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rider University, a small private college outside of Trenton, New Jersey, is trying to raise additional funds to help an ongoing liquidity crunch. .. Link to Story
-
Municipal Bond Credit Report: New York City budget has no rainy day deposit amid strong economy
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Better-than-expected revenues, a strong economy and savings on asylum seeker programs allowed the city to restore cuts to social services. But analysts warn the city’s bad budgeting habits remain… Link to Story
-
Municipal Bond Credit Report: Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. prosecutors are cracking down on commercial mortgage fraud, a growing push that is sending shudders through the $4.7 trillion industry by raising questions about the numbers underpinning major property loans… Link to Story
-
Municipal Bond Credit Report: GDPNow Latest estimate: 2.2 percent — June 28, 2024
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 2.2 percent on June 28, down from 2.7 percent on June 27… Link to Story
-
Municipal Bond Credit Report: Nebraska governor pushes for property tax reform
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The plan involves funding Nebraska’s K-12 schools through sales taxes — eliminating certain sales tax exemptions and raising taxes on advertising, cigarettes, vaping products and alcohol — rather than through property taxes, according to comments by Pillen in his monthly radio call-in show, the Nebraska Examiner reported… Link to Story
-
Municipal Bond Credit Report: GDPNow – Latest estimate: 3.0 percent — June 20, 2024
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 3.0 percent on June 20, down from 3.1 percent on June 18… Link to Story
-
Municipal Bond Credit Report: Home Prices Hit a Record High
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home prices rose in May to a new high, with low inventory continuing to spur bidding wars among home buyers in some markets… Link to Story
-
Municipal Bond Credit Report: State withholds millions from Milwaukee Public Schools over missing audit
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Milwaukee Public Schools is several months late in submitting the annual financial audit reports required by statute, and the delay has triggered a litany of consequences… Link to Story
-
Municipal Bond Credit Report: GDPNow – Latest estimate: 3.1 percent — June 07, 2024
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 3.1 percent on June 7, up from 2.6 percent on June 6… Link to Story
-
Municipal Bond Credit Report: Senior living sector carries big returns, but also big risks
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A Connecticut firm’s recent bankruptcy highlights the challenge of investing in the senior living sector, known throughout the muni market as one of the riskier areas, particularly in a post-COVID world. However, some market participants are still bullish, fueled by spread pickup, macro dynamics and demand-driven expansion… Link to Story