The deadline to tender residential mortgage-backed securities insured by Syncora Guarantee Inc. was once again extended, to 11:59 p.m. Wednesday night.

The tender offer is part of Syncora's plans to reduce its $2.4 billion policyholders' deficit and meet its minimum statutory capital requirements. It last week completed the other major part of its efforts when it executed an agreement with 25 financial counterparties to commute or restructure $56 million in credit-default swap exposure.

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