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Home » Store » Inside the CFPB » Obama Administration May Fold In Risk-Retention Tug of War

Obama Administration May Fold In Risk-Retention Tug of War

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Inside the CFPB

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Treasury Undersecretary Jeffrey Goldstein told an industry gathering last week that the Obama administration is paying very close attention to industry feedback on its controversial risk-retention proposed rule, after an outpouring of concern from both the industry and a number of members of Congress raised the alarm. “We are seriously considering feedback and are committed to getting this rule right, so that we can ensure securitization ...
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