FGIC News

FGIC Announces the New York State Department of Financial Services Does Not Support the Proposed Accelerated Run-Off Transaction Under the Transaction Support Agreement
September 18, 2024

FGIC Announces Results of Joinders to the Transaction Support Agreement; Supporting Owners Represent Over 85% of Permitted Policy Distributions Under the Proposed Transaction
July 10, 2024

FGIC Announces Extension of Deadline to Join Transaction Support Agreement and Become Eligible to Receive Early Joinder Fee
May 29, 2024

FGIC Announces Opportunity to Join Transaction Support Agreement and Become Eligible to Receive Early Joinder Fee
April 30, 2024

FGIC Announces Entry Into Transaction Support Agreement to Pursue a Potential Accelerated Run-Off Transaction
February 29, 2024

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
November 8, 2023

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
December 8, 2022

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
October 13, 2021

FGIC files complaint against Citigroup Global Markets Inc., Goldman Sachs & Co LLC, et al.
November 25, 2020

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
September 24, 2020

FGIC Announces Sale of FGIC UK Limited
June 19, 2020

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
October 7, 2019

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
August 22, 2018

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
November 22, 2017

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
October 21, 2016

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
October 8, 2015

FGIC Announces Settlement Agreement with UBS AG and Related Releases
April 28, 2015

FGIC Announces Reinsurance Commutation Agreement
October 26, 2014

FGIC Announces NYSDFS Approval of CPP Upward Adjustment
October 24, 2014

FGIC Announces Settlement with Bank of America
April 16, 2014

FGIC Announces Management Changes
December 16, 2013

FGIC Emerges From Rehabilitation
August 19, 2013

FGIC files complaint against The Putnam Advisory Company, LLC in connection with a CDO transaction
October 1, 2012

FGIC Announces Filing of Plan of Rehabilitation
September 27, 2012

FGIC Announces Commencement of Rehabilitation Process
June 11, 2012

FGIC files complaint against Ally Financial, ResCap and RFC in the US District Court in connection with a FGIC-Insured RMBS transaction
March 13, 2012

FGIC files complaint against Ally Financial, ResCap, Ally Bank and GMAC Mortgage in the US District Court in connection with FGIC-Insured RMBS transactions
March 12, 2012

FGIC files complaints against Ally Financial, ResCap, Ally Bank and GMAC Mortgage in the US District Court in connection with a FGIC-Insured RMBS transaction
March 6, 2012

FGIC files complaint against Ally Financial, ResCap and RFC in the US District Court in connection with a FGIC-Insured RMBS transaction
March 5, 2012

FGIC files complaints against Ally Financial, ResCap, Ally Bank and GMAC Mortgage in the US District Court in connection with a FGIC-Insured RMBS transaction
January 31, 2012

FGIC files additional complaints against Ally Financial, ResCap and RFC in the Supreme Court of the State of New York in connection with five FGIC-Insured RMBS transactions
December 28, 2011

FGIC files complaints against Ally Financial, ResCap and RFC in the Supreme Court of the State of New York in connection with a FGIC-Insured RMBS transaction
December 16, 2011

FGIC Develops Proposed Plan of Rehabilitation and is in Discussions with the New York State Department of Financial Services
December 2, 2011

FGIC files complaints against RFC, GMAC Mortgage, ResCap and Ally Bank in the Supreme Court of the State of New York in connection with four FGIC-Insured RMBS transactions
November 30, 2011

A group of FGIC policyholders issues press release announcing formation of committee to work with FGIC on a consensual plan
December 2, 2010

FGIC issues press release announcing the termination of the Offer to Exchange
October 25, 2010

Sharps SP I LLC issues press release announcing the termination of the Offer to Exchange
October 25, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing an investor conference call to be held on October 12, 2010 for RMBS bondholders that have submitted Eligibility Letters
October 7, 2010

FGIC issues press release in connection with Fir Tree Partners tendering their bonds into the Sharps SP I LLC Offer to Exchange
October 1, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing a progress update
October 1, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing an increase in consideration and the inclusion of additional CUSIPs
September 24, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing expiration date extension
September 15, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing changed consideration, updating progress, announcing expiration date extension and the reopening of withdrawal rights
August 11, 2010

FGIC Announces Second Quarter 2010 Statutory-Basis Results: Statutory Deficit Increases to $1.69 Billion
August 11, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress and announcing expiration date extension
July 29, 2010

Sharps SP I LLC issues a corrected press release in connection with Offer to Exchange updating progress and announcing expiration date extension
July 16, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress, announcing expiration date extension and the reopening of withdrawal rights
June 29, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress and announcing expiration date extension
June 25, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress and announcing expiration date extension
June 22, 2010

FGIC Announces Final Change to Consideration Offered in Exchange Offer is its Best and Final; Uncertainty Concerning Resumption of Claim Payments
June 14, 2010

Sharps SP I LLC Offer To Exchange - Issues Additional Supplement to Exchange Offer - Uncertainty Concerning FGIC's Resumption of Claim Payments
June 14, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange announcing additional consideration being offered and an expiration date extension
June 8, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress and announcing expiration date extension
May 28, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange updating progress and announcing expiration date extension
May 14, 2010

FGIC Announces Q1 2010 Statutory-Basis Results: Statutory Deficit Increases to $1.64 Billion
May 14, 2010

Sharps SP I LLC issues progress update press release in connection with Offer to Exchange
April 30, 2010

Sharps SP I LLC issues press release in connection with Offer to Exchange
April 14, 2010

NYID Issues Supplemental Order Pursuant to Section 1310 of New York Insurance Law
March 25, 2010

FGIC Enters into Agreement with CDS Counterparties
March 25, 2010

Sharps SP I LLC Launches Exchange Offer for Certain FGIC Insured Securities
March 25, 2010

FGIC Submits Proposed Surplus Restoration Plan
January 6, 2010

NYID Orders FGIC to Suspend all Claims Payments Effective November 24, 2009
November 24, 2009

NYID Issues Order Pursuant to Section 1310 of New York Insurance Law
November 24, 2009

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