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Viewpoint: S&P Clubs CMBS Markets
Jun 10, 2009It is widely agreed that woefully flawed rating methodologies contributed materially to the ongoing troubles in the financial system. A quick recap: whether lulled by the demon of home price appreciation (always abbreviated HPA, as basic as USA) or distracted by the pursuit of profits, market share and such, the purveyors of bond ratings dramatically underestimated the risk of default in subprime and other risky residential mortgages.
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Mortgage Shopping Service Examines Credit
May 27, 2009 -
Realtors Urge Home Buyer Tax Credit Expansion
May 13, 2009 -
Treasury Preventing Depression? EESA Watchdog Reports
Apr 27, 2009 -
It’s Official: Fannie CEO to Replace Kashkari
Apr 20, 2009 -
New Mortgage Rules Take Effect in Pennsylvania
Apr 05, 2009 -
More Glib Press on FASB
Apr 02, 2009 -
A PPIP of a Plan or Just a Big Light Show?
Mar 30, 2009 -
U.S. Seeks More Power in Seizing Firms
Mar 25, 2009