Rep. Barney Frank (D-Mass.) laid into Standard & Poor’s Thursday, after the credit rating agency issued a report questioning whether the Dodd-Frank financial reform law really ended bank bailouts. In a letter sent to the president of the agency, Frank said he should “reconsider your apparent decision to diversify into legislative analysis and political prognostication.”
Frank: Credit rater wrong on future bailouts
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Mountain West Financial sells retail assets to ML Mortgage Corp.
In another M&A deal amid a challenging home loan landscape, Mountain West Financial is selling its retail assets to ML Mortgage Corp.