Jun 02, 2010By Jacob Gaffney
Distressed mortgage borrowers seeking help in correcting their financial situation may get some distance in writing their Congressional representative. In mortgage finance, however, financial firms seeking options and clarity on their portfolio of investments may do better in writing to their credit rating agency, or CRA, first. The highly unique relationship between financial firms and the CRAs that measure the risk of their products seems to be as blurry now as it ever was back then, in spite of a historic financial crisis that shook investor confidence to the core.
