Quote: Mar. 28, 2023

“Securitization is a vital component of commercial and residential mortgage lending as it provides access to much needed capital and the ability to effectively manage risk, and the Proposed Rule, as written, is overly broad and could inadvertently stifle the securitization markets and access to capital.”
–from an MBA letter to the Securities and Exchange Commission on a proposed rule that would clarify what constitutes conflicts of interests in securitizations.