Obama Administration May Fold In Risk-Retention Tug of War
July 1, 2011
Treasury Undersecretary Jeffrey Goldstein told an industry gathering last week that the Obama administration is paying very close attention to industry feedback on its controversial risk-retention proposed rule, after an outpouring of concern from both the industry and a number of members of Congress raised the alarm. We are seriously considering feedback and are committed to getting this rule right, so that we can ensure securitization ...