X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOLLYWOOD, Fla. — The rating agencies will have to make some serious education efforts to earn their credibility back and help reinvigorate securitizations.

CUNA Mutual Group Director of Secondary Marketing Alan Bahr explained during CUNA’s Discovery Conference that the ratings agencies had an incomplete picture of the risks of the subprime market prior to the fall out. They were basing their ratings on essentially 10 years of historic data–10 really good years for the real estate market at the same time rates were falling.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.