Monitoring of Servicing Shops Crucial To Reg. AB Preparedness, Experts Say
April 21, 2006
Loan originators and securitizers aren’t the only ones feeling their way through compliance with a massive new disclosure regime for non-agency mortgage securities. Loan servicers have seen the spotlight of so-called Regulation AB shine brightly on their businesses as well. “Many servicers are still struggling with their role, what they should do and how to report,” said Rita Ballesteros, an industry consultant at the Hollister Group, during a panel discussion at a recent forum on…