TITLE

Derbyshire stays cool despite ratings warning

AUTHOR(S)
Milner, Leah
PUB. DATE
January 2008
SOURCE
Mortgage Strategy;1/28/2008, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision made by Moody's Investors Service Inc. to put Derbyshire, England on review for potential downgrade. The credit rating agency reveals that the society's ratings for financial strength, long and short-term deposits and senior unsecured debt are on watch for possible downgrades. The decision came after the Financial Services Authority warned mutuals to be cautious when buying book loans.
ACCESSION #
28816914

 

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