DALLAS - Two military housing deals are on Moody's Investors Service watch list for possible downgrade because of their backing by troubled insurance giant American International Group Inc.

The action, based on the recent downgrade of AIG, affects the Fort Irwin Land and Belvoir Land military housing revenue bonds. AIG provides surety bonds for the debt service reserve funds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.