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Home » Store » Taxable » MBA Airs Concerns About New Model Standards on Servicers’ Contractual Responsibilities, Liabilities

MBA Airs Concerns About New Model Standards on Servicers’ Contractual Responsibilities, Liabilities

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Sweeping new disclosure rules for the booming non-agency MBS market are forcing mortgage lenders to seek changes that will better balance the needs of servicers and securities issuers in new model standards for loan purchase and servicing agreements. The American Securitization Forum last month issued model loan purchase and servicing standards developed to help the securities business comply with Regulation AB, a new rule concocted by the Securities and Exchange Commission that covers all non-agency…
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