Investor efforts to recoup losses in five Chicago-area affordable housing bond deals are moving to civil courts as bankruptcy cases involving $170 million of municipal debt draw to a close. Processing ...

There were no pandemic-related defaults in 2020 among municipal bond issuers rated by Moody’s Investors Service, despite the credit stress created by the unprecedented and wide-scale shutdowns in ...

A default on municipal bonds used to purchase an apartment building in Larkspur has caused the city to take a second look at its participation in the California Community Housing Authority. This ...