X-Nico

unusual facts about structured finance



Credit rating agencies and the subprime crisis

The new, complex securities of "structured finance" used to finance subprime mortgages could not have been sold without ratings by the "Big Three" rating agencies — Moody's Investors Service, Standard & Poor's, and Fitch Ratings.

South Bronx Classical Charter School

Prior to teaching, Mr. Long worked in the finance industry, specializing in structured finance and asset-backed securities at Lehman Brothers and Société Générale.


see also

Mortgage Industry Advisory Corporation

In October 2006, MIAC was named the leading provider of Secondary and Residual Pricing in the Securitized and Structured Finance markets by The Bond Market Association and The American Securitization Forum (now the Securities Industry and Financial Markets Association).

Nationally recognized statistical rating organization

Janet Tavakoli, author of Structured Finance and Collateralized Debt Obligations, has suggested that these agencies lose their NRSRO status in relation to certain financial products.

Scotia, California

On July 8, 2008, the court issued its judgment and order confirming the Plan of Reorganization submitted by secured creditor Marathon Structured Finance Fund (Marathon), joined by Mendocino Redwood Company (MRC).