A federal panel said Wednesday that it had issued a subpoena to the credit-rating agency Moody’s Investors Service after the firm failed to promptly respond to its request for documents and e-mail messages. The subpoena suggested an intensified activity by the bipartisan panel, known as the Financial Crisis Inquiry Commission, which was created to examine the causes of the financial crisis. It was the first such subpoena issued by the panel, which was created by Congress last year and is required to complete its findings by Dec. 15. The panel has been criticized for getting off to a slow start and being unfocused in its inquiry, given the wide scope of its mandate.
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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HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
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