The fund purchasing residential mortgage-backed securities insured by Syncora Guarantee Inc. extended the deadline for tendering the securities once again yesterday, moving it to 11:59 p.m. June 19.

The deal is one part of Syncora’s plan to restructure its structured finance exposures to remedy its $2.4 billion policyholders’ surplus. The company last month executed an agreement with 25 financial counterparties to commute or restructure $56 billion in credit default swap exposure.

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