- FRAUD STOPPERS | Mortgage & Foreclosure Relief

DOJ planning to sue Moody’s over crisis-era mortgage bond ratings

by Fraud Stoppers Admin | Oct 22, 2016 | Foreclosure Defense News, Tactics, and Tips

In the fallout of the financial crisis, many argued that the credit ratings agencies’ competition for business led to ratings shopping among bond issuers and relaxed ratings standards for the ratings agencies themselves. Last year, Standard & Poor’s reached a...