Kroll Bond Rating Agency Takes on Non-Agency RMBS, Is Optimistic About Market Recovery
August 5, 2011
Nationally recognized statistical rating organization Kroll Bond Rating Agency demonstrated its optimism in the non-agency market by requesting public comment this week on its rating methodology for evaluating residential MBS. By providing complete transparency into our approach and processes, we aim to instill trust in the market and to raise the bar on ratings accuracy, said James Nadler, Krolls president, in a statement. These [publications on our proposed rating process] demonstrate our strong commitment to serving the market through a rigorous evaluation of the collateral as well as key parties in an RMBS, and combine all aspects of...