Eric Kolchinsky, the former Moody’s Investors Service analyst who criticized the ratings firm at a Congressional hearing, was hired by state insurance regulators to provide insight on home-loan securities. Kolchinsky is aiding regulators as they eliminate their reliance on credit grades on residential mortgage-backed securities provided by his former employer and other ratings firms, said Wisconsin Insurance Commissioner Sean Dilweg.
Kolchinsky Hired by State Regulators After Criticizing MoodyÕ
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Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, with a single interior exit stairway. Michigan housing advocates say the […]
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