The credit rating industry would face tighter supervision under a new regulatory regime approved by the Senate as part of a massive overhaul of financial services regulation. The bipartisan amendment offered by Sens. Al Franken, D-MN, Roger Wicker, R-MI, Charles Schumer, D-NY, and Bill Nelson, D-FL, would create a new Credit Rating Agency Board that would assign rating...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.