Wall Street Balks at SEC Proposals to Require Static Pool and Servicer Info in MBS and ABS
May 21, 2004
Investment banker mortgage securitization conduits are expected to lobby against two key provisions in the sweeping new MBS and ABS disclosure reform proposed by the Securities and Exchange Commission. The two areas that are likely to get the most “pushback” from the industry are proposals to require static pool information about an issuer’s previous securitizations and increased disclosure