Sentence examples for rating models from inspiring English sources
The rating agencies may have facilitated the banks' actions by publishing their rating models on their corporate Web sites.
But the Credit Rating Agency Reform Act of 2006 prohibits the S.E.C. from regulating the substance, criteria or methodologies used in credit rating models, making those inquiries more difficult.
The investigation, which began in November 2008, found that S.& P. and Moody's used inaccurate rating models in 2004-7 that failed to predict how high-risk residential mortgages would perform; allowed competitive pressures to affect their ratings; and failed to reassess past ratings after improving their models in 2006.
A Senate investigation made public in 2010 found that S.& P. and Moody's used inaccurate rating models from 2004 to 2007 that failed to predict how high-risk mortgages would perform; allowed competitive pressures to affect their ratings; and failed to reassess past ratings after improving their models in 2006.
"Together, the documents show a portrait of some executives pushing to water down the firm's rating models in the hope of preserving market share and profits, while others expressed deep concerns about the poor performance of the securities and what they saw as a lowering of standards".
Moreover, the rating models for mortgage-related structured products are fundamentally flawed".
They are therefore unlikely to trust any ratings from the new BRICS rating agency with a yet to be tested rating model.
First, current approaches in credit rating modelling are introduced.
Second, previous studies on municipal credit rating modelling are analyzed.
† "Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive?", by Y.-W.
