In a statement, the Federal Housing Finance Agency, a regulator which oversees housing giants Fannie Mae and Freddie Mac, has proposed changes to recently imposed capital and leverage requirements on the pair, which aims to encourage the pair to shift… Read More ›
Much of the turmoil that shook the world’s capital markets in 2007-2009 can be traced back to the assigning of high ratings to synthetic collateralized debt obligations (SCDOs). On Friday, U.S.-based rating agency Standard & Poor stated it has settled… Read More ›
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