Standard & Poor’s practices for grading commercial property bonds since the 2008 credit crisis are drawing scrutiny from Massachusetts authorities, according to three people with knowledge of the matter.
The scope of the probe by state Attorney General Martha Coakley extends beyond the securities and period that are the subject of a lawsuit brought by the U.S. Justice Department against New York-based McGraw-Hill Cos. and its S&P unit.
Mass AG reportedly looking at S&P’s work on commercial property bonds
February 22, 2013, 11:23am
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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HUD would permit multi-story manufactured homes without a permanent chassis
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio