Moody's

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  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• Space Coast CU $100 Million CDO Suit Dismissed, Court Permits Amended Complaint

  By Michelle A. Samaad  |  March 20, 2013

  Judge says complaints lacked detail on fraud allegations against brokers but that credit union can come back with more details.

• Space Coast CU’s Mortgage-Backed Securities Suit on Hold

  By Michelle A. Samaad  |  February 8, 2013

  Federal court in Florida says it needs more time to review motions from banks and ratings agencies.

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  Be Ready Next Time: Business Continuity Lessons From Sandy

  By Mark Norton  |  November 29, 2012

  Working from home, getting to the office, and oversubscribed hot sites all factors to consider.

• Hurricane Sandy: Moody’s Says Insurers Weathering Storm

  By Mark Ruquet  |  November 16, 2012

  Moody’s Investors Service says the U.S. property and casualty personal-lines sector remains stable despite expected Hurricane Sandy losses.

• Securitized Credit Card Charge Offs Fall to Lowest Point Since October 2007

  By Heather Anderson  |  June 25, 2012

  Securitized credit card charge offs declined 31 basis points in May to 4.90%, down from 5.21% in April, according to Moody's Credit Card Indices.

• Space Coast Files $100 Million CDO Suit Against Banks

  By Michelle A. Samaad  |  March 12, 2012

  Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.

• Southwest Corp Retains 90% Ambac Reliance

  By Heather Anderson  |  May 6, 2010

  The $10 billion Southwest Corporate FCU joined Corporate One FCU in deciding not to take any additional OTTI related to the Wisconsin insurance regulator's March 25 action against monoline insurer Ambac Assurance Corp.