Credit Raters Lose Bid To Dismiss MBS Class Action
A federal judge in New Mexico has denied a motion by Standard & Poor’s, Moody’s Investors Service and Fitch Ratings to dismiss a class action against them charging that they made false claims relating to securities backed by mortgages issued by Thornburg Mortgage.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast