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Home » New QRM Proposal and Long-Pending Update To SEC’s Reg AB Won’t Force Major Changes
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New QRM Proposal and Long-Pending Update To SEC’s Reg AB Won’t Force Major Changes

September 20, 2013
Lenders and issuers already comply with most of the requirements in the recently re-proposed rule on risk retention as well as the disclosure standards under the proposed revision to Regulation AB, according to a former Treasury Department official. Darius Kingsley, currently a managing director and co-general counsel at JPMorgan Chase and former chief of Treasury’s homeownership preservation office, said the risk-retention rule will likely prompt increased issuance of non-agency MBS. “I think it’s...
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