Securitization Law Experts Warn Policymakers About Proposed Risk-Retention Requirements for MBS, ABS
February 19, 2010
Proposed new risk-retention requirements could change the economics of asset securitization so much that they end up stalling new MBS and ABS issuance, according to a group of attorneys who work on securitizations. “Legislative mandates that, intentionally or unintentionally, change the economics of securitization, including those to require a 5 percent or 10 percent retained risk exposure...