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Home » Significant Number of Issues Need Fixing To Restore Non-Agency MBS Market
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Significant Number of Issues Need Fixing To Restore Non-Agency MBS Market

August 15, 2014
Trustee responsibilities, the role of the government-sponsored enterprises, deal documentation, loan-level disclosures, servicing, ratings, assignee liability, regulatory uncertainty, lien priority, bondholder communication and incentives for banks. These are just a few of the issues that need to be addressed for non-agency MBS issuance to resume in a meaningful manner, according to industry participants. About 25 comment letters were submitted after a request from the Treasury ...
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