Amid the Din and Furor of Consumer Protection, Industry Works Quietly on Risk Retention Provision
March 5, 2010
Although a lot of the focus in the Senate’s on-again-off-again negotiations over financial services regulatory reform has been on how the final package will address consumer protection, the MBS and ABS industry still has a big stake in risk-retention requirements that could deal a severe blow to securitization markets. There has been some speculation that a compromise bill...