Category: Uncategorized

Municipal Bond Credit Report: A Florida mining project that defaulted on its municipal bonds was put into receivership. The United States District Court for the Middle District of Florida appointed Lighthouse Management Group, Inc., to be the receiver for the project… Link to Story

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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 home for the 99-year-old wheelchair user with memory issues, but plans to sell the bankrupt municipal bond financed facility to a private equity firm threaten…

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Municipal Bond Credit Report: Wednesday marks the 10-year anniversary of Detroit’s exit from bankruptcy. Its Chapter 9 declaration in July 2013 was the largest municipal bankruptcy in U.S. history, and Detroit’s comeback saga has been just as dramatic… Link to Story

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Municipal Bond Credit Report: A controversial, high interest-rate loan is helping one of the oldest historically Black colleges in the country, Saint Augustine’s University, stay afloat – for now… Link to Story

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Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.5 percent on April 4, down from 2.8 percent on April 1… Link to Story

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Municipal Bond Credit Report: South Carolina’s embattled comptroller announced he will resign next month, after state investigators held him responsible for a multi-billion dollar accounting error… Link to Story

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Municipal Bond Credit Report: Sales of previously owned homes rose to a new 14-year high in October while median home prices again hit new highs… Link to Story

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Municipal Bond Credit Report: New York City and New York State, their finances reeling from the effects of COVID-19, were downgraded late Thursday by Moody’s Investors Service… Link to Story

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