Relevant:
- Brown Launches Investigation into Credit Rating Agencies' Role in Fueling Financial Crisis
- Ex-Moody's, S&P Employees Say Firms Put Business Before Ratings
- Illinois Sues Standard & Poor's
- SEC Takes Rating Agencies to Task; “Serious Shortcomings†Cited
- S&P, Moody's Mortgage-Security Ratings Are Said to Face U.S. Investigation
2013-02-28 — seattletimes.com
``Standard & Poor's has rated Vericrest an "above average" servicer in its chosen niches, saying it "effectively seeks to provide a balance between optimizing investors' interests and keeping borrowers in their homes." Then again S&P, along with other ratings firms, played a key role in the mortgage meltdown by giving dicey mortgage securities its coveted AAA rating.''
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