Investor Group Calls for Loan-Level Disclosures, More Uniformity in Federal Standards for Asset Securitization
April 2, 2010
A group of MBS and ABS investors this week called on the federal government to create a set of aggressive legal requirements for asset securitizations by focusing on increased disclosure, more standardization and a fiduciary obligation on servicers. The Association of Mortgage Investors said in a white paper released this week that MBS and ABS investors have been...