Administration Sends Draft Credit Rating Reform Bill to Capitol Hill
August 3, 2009
The Treasury Department last week sent draft legislation to Congress as part of its regulatory reform agenda to protect investors from inappropriate ratings practices and bring more transparency to the credit ratings process. The administration bill, the “Investor Protection Act of 2009,” would also strengthen the Security and Exchange Commission’s authority over credit rating agencies and...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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