Securities and Exchange Commission Jay Clayton last 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: Robert Broeksmit

HUD, Justice Department Reach Agreement on False Claims Act Violations
AUSTIN, TEXAS–HUD and the Department of Justice yesterday signed a memorandum of understanding outlining “prudent” guidance for False Claims Act violations, a move that analysts said could help eliminate uncertainty in FHA lending and provide incentives for private market lending in government lending programs.

MBA, Trade Group CEO Letter Urges Policymakers to Get Housing Reform ‘Right this Time’
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, and the leaders of three other major industry trade groups penned a letter yesterday that appeared in American Banker, urging policymakers to take “thoughtful and balanced” approach to housing reform to get it “right this time.”