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Volume 2010 - Number 6

February 12, 2010

New Data Standards for Non-Agency MBS Seen as Big Plus, But Implementation Remains an Issue

Investors, ratings analysts and issuers agree that the extensive new data standards for non-agency MBS represent a big step forward for the industry, but it remains to be seen whether they require too much of a stretch for issuers. One of the key benefits of the data requirements for issuing and periodic reporting of new non-agency MBS is that they provide standardized definitions...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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