This past Tuesday, MBA joined other trade associations to provide a detailed account of the costs and burdens of implementing the TRID Rule in response to the CFPB’s RFI on its TRID Rule assessment. Also on Tuesday, MBA submitted a comment letter to the FHFA cautioning against suggested changes to its UMBS pooling practices.
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After a slow start in 2019, the commercial mortgage-backed securities market ended strong, with $39.1 billion of private-label CMBS issuance during the fourth quarter – more than double the $18.8 billion issued during fourth quarter 2018.