Moody’s questions S&P’s rating methods

Moody’s has criticized the rating Standard & Poor assigned to a commercial mortgage-backed securities deal for the second time this month, reports FT.com.

It says Moody’s recently cast doubt on the ratings methodology used by S&P on a JPMorgan-sponsored CMBS, and has again questioned their results regarding an Isobel Finance CMBS. Read more.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.