Moody’s Expresses Its Concern, Updates Rating Approach to Residential MBS Re-Securitizations
March 4, 2011
Moody’s Investors Service remains concerned about the structure of many recent re-REMIC transactions – a concern that has led the rating agency to increasingly decline to give its highest ratings to re-securitizations of U.S. residential MBS. Moody’s had initially flagged...[Includes one data chart]