S&P

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.
Financial Sector Appears to Run Ahead in Early Third Quarter Reports

By Joyce Hanson | October 16, 2012

Early reports for the finance sector’s third-quarter 2012 performance indicate that it is on track to best all other sectors.
Hurricane Isaac: Impact on Insurers Seen as Minimal

By Mark Ruquet | September 5, 2012

Louisiana insurers say claims are rolling in, but not a flood.
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.

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