Securities and Exchange Commission Jay Clayton this week issued a statement instructing SEC staff to review the Commission’s residential mortgage-backed securities asset-level disclosure requirements with an eye toward facilitating more SEC-registered offerings.
Tag: Residential Mortgage-Backed Securities
MBA Letter Lauds FDIC Proposed ‘Safe Harbor’ Rulemaking
The Mortgage Bankers Association, in an Oct. 21 letter to the Federal Deposit Insurance Corp., expressed strong support for a proposed rulemaking that would remove barriers for issuance of private residential mortgage-backed securities without jeopardizing safety and soundness of RMBS sponsors or investors.