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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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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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