Posts Tagged ‘Credit Ratings Agencies’

Everything You Need to Know About Mortgage Backed Securities with Impac President William Ashmore

Written on 27 Jun, 2013 at 18:28

It's Bill Ashmore, President of Impac Mortgage... answering questions about the ins and outs of mortgage backed securities and the meltdown that began in 2007. ... (Continue reading)

The Trillion Dollar Mistake That Triggered the Economic Meltdown

Written on 17 Oct, 2012 at 9:45

What could Mr. Bernanke and others have done differently? Addressed the real cause of the crisis, the lost trust part... by announcing that the U.S. government would be stepping into the bond market and guaranteeing the investment grade bonds...... (Continue reading)

Tagged with: august 2007 bailouts credit default swaps credit markets freeze Credit Ratings Agencies Dodd-Frank economic recovery economy Fannie Mae FDIC FDIC Chair Sheila Bair Fed Chairman Ben Bernanke Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Indymac bank july 2007 loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Moody's mortgage crisis mortgage refinancing mortgage-backed security NACA RMBS market securitization market Standard & Poors TARP the federal reserve unemployment wall street bankers

Ratings Agencies Panic: New Financial Reform Bill Means Expert Liability

Written on 21 Jul, 2010 at 19:16

Perhaps most notably, but least mentioned, the bill requires the credit rating agencies, Moody's, Fitch, and Standard & Poors, to not only be more transparent, but also potentially liable for issuing "bad ratings" on bonds. The role of the... (Continue reading)

Tagged with: bank of america barney frank bond market Christopher Dodd Committee on Financial Services Credit Ratings Agencies Dodd-Frank Act Fannie Mae FHA financial crisis financial reform bill Fitch Fitch Ratings foreclosure crisis Freddie Mac Globe Investor Goldman Sachs HAMP jpmorgan chase loan modifications mandelman matters martin andelman ml-implode Moody's morgan stanley mortgages NACA naked capitalism Nationally Recognized Statistical Ratings Organizations NRSRO president obama Regulation FD Rule 436(g) SEC standard and Poors Tara Perkins TARP wall street bankers Yves Smith