Volume 20 - Number 13
June 22, 2009
Industry Groups Prepare to Battle Other Restructuring Proposals
While in agreement over the need for broad regulatory reform, industry groups are opposed to many of the provisions in the restructuring package President Obama brought to the table last week. The American Securitization Forum, for example, opposes a proposal for all loan originators or securitization sponsors to retain 5 percent of the credit risk of loans they securitize...
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