Posted To: Pipeline Press
Plenty of people around the industry believe that the three popular rating agencies (Standard & Poor's, Fitch, and Moody's) have escaped their potential culpability in the financial crisis. Judgement aside, aside from inroads being made by some innovative firms like Kroll, the SEC tells us that Standard & Poor's, Moody's Investors Service and Fitch Ratings claimed almost 95% of the revenue generated by US credit-rating firms in 2014. The 2011 Dodd-Frank Act included measures intended to open up the market to smaller ratings firms, encouraging competition and greater transparency. CFPB, how's that workin' out? In Northern California CAMP has a Loan Officer training boot camp just for you on January 28 th at Arch Mortgage Insurance in Walnut Creek. The "Drill Instructor" will be Guy Schwartz...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1OKLSF5
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