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Volume 2017 - Number 38

October 6, 2017

SEC Considering Moving Forward with Requiring Loan-Level Disclosures for More Types of ABS

Requirements for asset-level disclosures for certain ABS fell off of the Securities and Exchange Commissionís most recent regulatory agenda but the issue remains on the regulatorís radar, according to industry participants. Asset-level disclosure requirements for MBS and ABS have been a concern since 2010 when the SEC proposed revisions to Regulation AB. Some of the so-called Reg AB2 revisions were ultimately finalized in 2014, establishing disclosure requirements for ...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.



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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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