Standard & Poor's late Tuesday downgraded to BB-minus from BB the financial strength, financial enhancement, and corporate credit ratings of bond insurer Radian Asset Assurance Inc. The company was taken off negative watch and placed on negative outlook.

Standard & Poor's last downgraded the insurer by two notches on Nov. 24.

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.