Standard & Poor?s, which downgraded the U.S. debt earlier this month, is rating a set of subprime mortgage securities as AAA, a notch above the U.S. credit rating of AA+. Bloomberg is reporting that S&P awarded the top rating to a group of bonds tied to...
S&P Rates Subprime Mortgages Higher Than U.S. Debt
Posted by mortgage 264 days ago (Editorial)
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