Rating Agencies

Some articles on rating agencies, ratings, rating:

Late-2000s Financial Crisis - Background - Incorrect Pricing of Risk
... it rapidly came to be used by a huge percentage of CDO and CDS investors, issuers, and rating agencies ... reassured by the fact that both the international bond rating agencies and bank regulators, who came to rely on them, accepted as valid some complex mathematical models which theoretically showed the risks ... Similarly, the rating agencies relied on the information provided by the originators of synthetic products ...
Municipal Bond Insurance and The Monolines - Business Model
... uninsured transactions are often not monitored by rating agencies following issuance of the initial ratings and, in the event of default, bond trustees often fail to take ... can be seen as, basically, selling a triple-A credit rating to a municipal bond issuer ... However, the credit rating agencies had a separate “rating scale” applied to obligations of municipal issuers, as opposed to non-municipal issuers (e.g ...
Credit Rating Agencies And The Subprime Crisis - Actions Taken To Improve Rating Approach
... Credit rating agencies help evaluate and report on the risk involved with various investment alternatives ... The rating processes can be re-examined and improved to encourage greater transparency to the risks involved with complex mortgage-backed securities and the entities ... Rating agencies have recently begun to aggressively downgrade large amounts of mortgage-backed debt ...
Credit Rating Agency - Uses of Ratings - Ratings Use in Structured Finance
... Credit rating agencies may also play a key role in structured financial transactions ... Credit ratings often determine the interest rate or price ascribed to a particular tranche, based on the quality of loans or quality of assets contained within that grouping ... Companies involved in structured financing arrangements often consult with credit rating agencies to help them determine how to structure the individual tranches so that each receives a desired ...

Famous quotes containing the word agencies:

    While it is generally agreed that the visible expressions and agencies are necessary instruments, civilization seems to depend far more fundamentally upon the moral and intellectual qualities of human beings—upon the spirit that animates mankind.
    Mary Ritter Beard (1876–1958)