Ratings Agencies Get Their Comeuppance – They’ve Been Downgraded! [Part Three]

Posted on by Phil Querin

In Parts One and Two I addressed the favored status of the ratings agencies in affecting all manner of financial instruments and investment decisions. But now, as an outgrowth of Dodd-Frank, the agencies’ impact appears to be on the wane. The new OCC regulations are figuratively airbrushing the ratings agencies out of the financial landscape. […]

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Posted in Financial Crisis, Foreclosure, Lenders, Market Conditions, Ratings Agencies, Real Estate/Distressed, Subprime Crisis, Subprime Mortgages | Tagged , , , , , ,
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