Moody's Investors Service will begin adding plus and minus gradients to its servicer ratings, the New York-based rating agency announced May 10. The change will take effect only on new ratings.

The move will align Moody's with Fitch Ratings, which uses the plus and minus system, while Standard and Poor's grades servicers using Average,' Above Average' and Strong' mnemonics.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.