The House yesterday passed legislation reauthorizing the Terrorism Risk Insurance Act for seven years. The Senate Banking Committee is expected to take up a companion bill this morning.
Tag: Terrorism Risk Insurance Act
The Week Ahead
The Mortgage Bankers Association this morning issued a White Paper on the commercial mortgage-backed securities marketplace. For more information, see the story in this morning’s MBA NewsLink.
MBA Letter Urges House Committee Markup of TRIA Extension
Ahead of a markup vote scheduled this week in the House Financial Services Committee, the Mortgage Bankers Association sent an Oct. 29 letter to Committee members urging approval of a bill that would extend the Terrorism Risk Insurance Act for seven years.