"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.

CoreLogic, Irvine, Calif., said counties in the ‘Four Corners’ states—Arizona, Colorado, New Mexico and Utah—rank highest in its annual ‘Safest Place to Live’ study, which details the least risky places to live in the U.S. from a natural hazard perspective.

The Mortgage Bankers Association's Secondary & Capital Markets Conference returns to the New York Marriott Marquis May 21-24.