from
S&P Credit Research2365 word report
published Nov 03, 2009
Price
Complimentary available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services considers the recent changes in our criteria for rating collateralized debt obligations (CDOs) and U.S. residential mortgage-backed securities (RMBS) to be significant. Overall, their effect should be to make it more difficult for securities in the sectors that have displayed poor credit performance during the current financial crisis to receive high ratings. The changes are designed to enhance the comparability of ratings on those securities with ratings on credits in other sectors. Establishing and modifying criteria goes to the very heart of what a rating agency does. Our rating criteria comprise both the fundamental principles of how we analyze credit risk, as well as the specific methodologies and assumptions that we apply in different sectors.
|
| Brief Excerpt: | RESEARCH Ratings Definitions Big Changes In Standard & Poor's Rating Criteria Publication date: 03-Nov-2009 Chief Credit Officer: Mark Adelson, New York (1) 212-438-1075; mark_adelson@standardandpoors.com Chief Credit Officer's Note...
|
| Report Type: | Commentary
|
| Sector: | Global Issuers, Public Finance, Structured Finance
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
