Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Report: Credit Rater, Justice Department Near $1 Billion Settlement over RMBS

By Brian Honea

New York-based credit ratings agency Standard & Poor’s is close to a $1 billion settlement with the U.S. Department of Justice over the misrepresentation of mortgage-backed securities to investors in the years leading up to the financial crisis in 2008, according to multiple media reports.

The post Report: Credit Rater, Justice Department Near $1 Billion Settlement over RMBS appeared first on DSNews.

Via:: Report: Credit Rater, Justice Department Near $1 Billion Settlement over RMBS

      

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.