出版社:International Organization for Standardization
摘要:Rapid growth in the number and types of financial rating instruments in recent years has led to the creation of ISO project committee ISO/PC 235, Rating services, which held its inaugural meeting in March 2007 the USA, for example, residential mortgage- backed securities were sold to investors all over the world. This was made possible by a mostly automated process to underwrite mortgage loans, 2) and a judgmental system – albeit aided by formalized modelling – deployed to securitize them.