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Moody's to Add Plus and Minus.(Brief Article)
New York -- Because the significant increase in the number of rated servicers and the amount of data these servicers provide to rating agencies, Moody's said it is adding "plus" and "minus" signs to its servicer quality ratings.
When added to the SQ ratings, the new modifiers will indicate that services with a plus sign rank at the higher end of the designated rating category and servicers with a minus sign rank at the lower end of the category. SQ ratings are on a scale of one to five, with one indicating a strong servicer and five a weak one.
The rating agency said this move will bring "more transparency to the marketplace and ...
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