0 minute readNew York’s attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to published reports. Attorney General Andrew Cuomo is trying to figure out whether banks gave the agencies false information in order to get better ratings on the risky securities, said a person with knowledge of the investigation, which has not been made public.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
