S&P Close To $1 Billion MBS Ratings Settlement – ValueWalk Premium

S&P Close To $1 Billion MBS Ratings Settlement

Standard & Poor’s is said to be negotiating with the Justice Department to settle the inflated credit ratings to mortgage investments that spurred the financial crisis.

S&P is the only credit rater sued by the Justice Department’s RMBS working group.


DOJ sued S&P
As reported by ValueWalk, Standard and Poor’s Ratings Services said it faced a

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