Credit Rating Agency Reform

ISBN-13: 9781606921920 / Angielski / Twarda / 2009 / 217 str.

John De Luca;Paul Russo

Opis

Presents an overview of subprime mortgage securitisation process as well as the seven key informational frictions that arise. This book discusses the rule amendments that the Commission intends to propose which would reduce undue reliance in the Commission's rules on nationally recognized statistical rating organizations (NRSRO) ratings.