Risk-Retention Proposed Rule a Disaster Waiting To Happen, Securitization Reps to Tell Regulators
June 10, 2011
Representatives of the securitization industry are raising concerns that some key aspects of the risk-retention proposed rule that federal bank regulators are working on might bring the secondary mortgage market to a grinding halt, and are urging regulators to remove or clarify some proposals. Much of the concern has to do with...