Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
A decade; I think not! Moody's and the rest are always miles behind the curve on downgrades....

US's triple-A credit rating 'under threat'

By Francesco Guerrera, Aline van Duyn and Daniel Pimlott,in New York

Published: January 11 2008 02:00 | Last updated: January 11 2008 02:00

The US is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and social security spending, Moody's, the credit rating agency, said yesterday.

The warning over the future of the triple-A rating - granted to US government debt since it was first assessed in 1917 - reflects growing concerns over the country's ability to retain its financial and economic supremacy.,Authorised=false.html?

Quote 0 0

With only the information that John and Jane Q. know about I would have thought that the US had lost AAA about 20 minutes ago...Probably a good thing for the US in this case that Moody's, S&P and Fitch get paid for their ratings.

Quote 0 0
Write a reply...