_Economy and Finance

Ratings Agencies Criticized for Going Easy on Mortgage Servicers By Jeff Horwitz FEB 25, 2011 5:23pm EDT Investors and analysts have howled over specific mortgage servicers' handling of delinquent loans for years. The ratings industry generally has not.

A Servicer's Alleged Conflict Raises Doubts About 'Skin in the Game' Reforms By Jeff Horwitz FEB 24, 2011 3:12pm EDT Carrington Capital Management, a former subprime securitization specialist, salvaged an impressive amount of money from its low-ranked residential mortgage-backed securities, thanks to the unusual strategies of its servicing affiliate.