A more recent scandal involving the

A more recent scandal involving the credit rating agencies involves the artificially hight ratings given to pools of mortgage lender can then make additional mortgage loans, which may again be repackaged into pools, and so on. The problem arose in when lenders increased the volume of mortgages they issued throughout the mide-2000s to the point where, in 2006, more than $2.5 trillion was loaned to buy houses.13