The number of new homes sold in March fell to a seasonally adjusted rate of 526,000, down 37% from last year.
One Goldman analyst says the bond insurers will need $3.4 billion each in added capital thanks to more quarterly losses.
Advisers must distinguish between their ability to provide financial advice and the client’s need for legal counsel.
Credit Suisse lost $2.1 billion for the first quarter, compared with a profit of $2.7 billion in same period in 2007.
Net new issuance of Treasury coupon securities is expected to hit $47 billion in the second quarter.
The board of directors also announced a plan to repurchase up to $1.5 billion of the company's stock over the next two years.
Derek Kaufman, who spent 12 years at JPMorgan, will serve as the hedge fund's senior managing director.
Greg Coffey, a portfolio manager with the hedge fund, who oversees $7 billion in assets, is stepping down May 1.
The redemptions would be the first involving tax-free closed-end funds caught in failed auctions.
Sales of existing homes decreased by 2% last month to a seasonally adjusted rate of 4.93 million units.
