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Residential Mortgage-Backed Securities › Administrative Fines

Residential Mortgage-Backed Securities are financial instruments consisting of residential mortgages pooled together to form larger more complex financial commodities.
Burr & Forman

SEC & AGs Fine & Suspended S&P for MBS Rating Violations

Burr & Forman on

The SEC and the Attorneys General of New York and Massachusetts this week fined Standard & Poor’s almost $77 million, suspended S&P from conduit-fusion CMBS ratings work for a year and imposed other undertakings, for...more

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