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Volume 2010 - Number 9

March 5, 2010

Amid the Din and Furor of Consumer Protection, Industry Works Quietly on Risk Retention Provision

Although a lot of the focus in the Senate’s on-again-off-again negotiations over financial services regulatory reform has been on how the final package will address consumer protection, the MBS and ABS industry still has a big stake in risk-retention requirements that could deal a severe blow to securitization markets. There has been some speculation that a compromise bill...

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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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