Subscription-Based Model for Credit Rating Hopes to Be the Answer to Industry Problems
July 3, 2008
A newcomer to the structured finance rating business will try to make its mark against four bigger competitors by selling its ratings to investors, rather than being paid by issuers. Realpoint LLC this week became the 10th bond-rating firm to be granted Nationally Recognized Statistical Rating Organization status by the Securities and Exchange Commission. The Horsham, PA-based...