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Loan Modification

: Mortgage Lender Implode-o-Meter

Moody's Gets "Wells Notice," SEC May Order Ratings Agency To "Cease And Desist"

By Implode-Explode Heavy Industries

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"It's not clear how broad the threat is here. It might just require Moody's to re-file its application. If the action could be a "cease-and-desist from being a ratings agency," however, Moody's is potentially screwed."

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2010 (boomark / email).

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