Rating Service Market Shares Tumble as Non-Agency MBS Production Dries Up
August 15, 2008
Moody’s Investors Service has emerged as the most active rating company in the severely depleted non-agency MBS market, supplanting long-time industry leader Standard & Poor’s, according to a new ranking and analysis by Inside MBS & ABS. Moody’s was credited with rating 67.6 percent of the rated non-agency MBS issued during the... [Includes two charts]