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Home » Store » Inside the CFPB » Anxiety and Relief Regarding MBS and ABS Securitization Regulation in the Coming Year

Anxiety and Relief Regarding MBS and ABS Securitization Regulation in the Coming Year

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Inside the CFPB

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Lawyers involved in securitization issues said they are feeling both anxiety and relief regarding regulatory issues in 2013. The feelings have been prompted by the Dodd-Frank Act with the greatest looming issue being risk-retention requirements. “To say that there is a lot of anxiety with this rule cannot be overstated and I really think it’s an impediment to some asset classes really getting traction in 2013, particularly mortgages,” Jon Van Gorp, a partner at the law firm of Mayer Brown, said on an outlook conference call late last week. “No one knows...
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