New York, March 03, 2015 -- Moody's Investors Service, ("Moody's") has affirmed the B2 insurance financial strength (IFS) rating of MBIA Insurance Corporation (MBIA Corp.), and changed the outlook on the rating from stable to negative. As part of the same rating action, Moody's affirmed the senior debt rating of MBIA Inc., the group's holding company at Ba1, the IFS rating of National Public Finance Guarantee Corporation (National) at A3, and the IFS rating of MBIA UK Insurance Limited (MBIA UK) at Ba2. The outlook for all ratings is negative, with the exception of MBIA UK that has a stable outlook.

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