Turmoil in credit markets has sent politicians and investigators looking for the bad guy, the one who started it all.
Critics say the potential culprits include agencies that rate bonds, including ones backed by home loans, because many bonds have lost value as homeowners default on their mortgages. They are Standard & Poor?s, Moody?s and Fitch.
Mortgage [...]
Related Headlines
- High-end ARM reset (mild) hilarityposted 47 weeks ago on Blown Mortgage
- George Bailey and ?It?s a wonderful sub prime mortgage??posted 32 weeks ago on Blown Mortgage
- Bank of America Neuters Countrywide?posted 13 weeks ago on Blown Mortgage
- 5 Things to Do Right Now if Your ARM is Going to Reset Soonposted 42 weeks ago on Blown Mortgage
- Blown Mortgage : Carnival of Real Estate; Fish : _________posted 41 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 48 weeks ago on Blown Mortgage
- Pros and Cons of Adjustable Rate Mortgage Refinancingposted 52 weeks ago on Mortgage Refinancing - What You Need to Know
- Better Homes & Gardens Offers Refinance Tips from Yours Trulyposted 39 weeks ago on Blown Mortgage
- The explosion of a mortgage-backed security in stick figuresposted 23 weeks ago on Blown Mortgage