Interesting article on how ratings agencies have come under fire over the U.S. subprime crisis:
“Ratings agencies like Standard & Poor’s have come under criticism over the subprime housing crisis. Critics have said that the agencies acted too slowly in downgrading highly-rated securities linked to subprime mortgages…”
Click here to read the full article.
Mary Kladde is the founder and CEO of Titan Lenders Corp, a Denver, CO based domestic provider of outsourced mortgage fulfillment services. Ms. Kladde has nearly 20 years of actual mortgage operations experience and exposure to all residential lending channels and processes from origination through point of sale, which has provided unique insight into the operational needs of lenders and investors
Ruth Lee is the VP of Sales at Titan, and also heads Titan's government communications and advocacy efforts. Ms. Lee actively serves and participates on national committees with the NAMB, CAMB and the TMBA. She is very much abreast of the changing regulatory requirements and challenges inundating the mortgage industry today, giving her a unique synergistic knowledge of mortgage compliance and real-world operational demands.
March 11th, 2008 at 11:01 am
[...] follow up to my post Ratings Agencies and the Subprime Crash, this story ran yesterday in Marketwatch: “In the latest salvo in a now highly public war of [...]