TITLE

Ratings agencies to revamp systems

AUTHOR(S)
Le Gouais, Marcel
PUB. DATE
February 2008
SOURCE
Mortgage Strategy;2/11/2008, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of credit rating agencies to adopt new methods in the evaluation of firms in Great Britain. They have been criticized for their failure in providing forecast in the loss of the U.S. sub-prime and residential mortgage-backed securities. Standard & Poor's Corp. assigns analysts according to industry sector while Fitch Ratings Ltd. emphasizes qualitative factors in the ratings of collateralised debt obligations.
ACCESSION #
30029273

 

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