Because there are several third parties involved in a securitization (e.g., bond insurer, servicer, a trustee, issuer's counsel) and they all play an important role, the rating agency will investigate all of them to determine their ability to perform.

Question

Quizplus · Accepted Answer

The statement accurately describes the rating agency's process of investigating all third parties involved in a securitization to determine their ability to perform.

Because There Are Several Third Parties Involved in a Securitization