The most recent Mortgage Delinquency Rates highlight a wide dispersion across the nation, while analysis of municipal bond ratios to Treasuries shows munis may not be a "cheap" as you thought.
Read the full commentary by
The California State School Board Association has sued over an education funding work-around included as a trailer bill in the budget.
The Texas city expects to finance 72% of the expansion program, which includes an arrivals and departures hall, with general airport revenue bonds.
Disruption was on the minds of those gathered in Chicago last week for MuniTech, a conference billed as a magnet for the "tech-forward" in public finance.
The banking giant has been fined for reporting 65,335 municipal securities transactions that it shouldn't have, violating MSRB Rule G-14 on customer transaction reporting and MSRB Rule G-27 on supervision.
Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.
"As September draws to a close, some dynamics may prevail in October but others could undergo a shift," said NewSquare Capital's Kim Olsan. "One aspect that will continue is the level of supply coming to market."
