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Home » Store » News » Mandated Lender-Retention of Credit Risk Debated

Mandated Lender-Retention of Credit Risk Debated

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The House is again considering requiring lenders to retain a portion of the credit risk on mortgages sold to the secondary market. Proposed legislation would require federal regulators to write new rules requiring originators to retain as much as 10 percent of the credit risk on securitized mortgages. The provision was included in the discussion draft of H.R. 3996, the Financial Stability...
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