Earlier this year, several of the “biggest bond funds on Wall Street” released a proposal to include an additional layer of oversight and protection on private-label #mortgage bonds as part of an effort to jumpstart the languishing private #mortgage market. Now, Morningstar Credit Ratings is helping to move the concept forward by issuing it first “deal agent” ranking. http://www.housingwire.com/articles/37009-clayton-holdings-becomes-first-morningstar-rated-deal-agent-for-mortgage-bonds ❤️ #share #mortgage
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