SEC Asset-backed securities rules spark debate
Two recent SEC proposed rules have sparked a debate over the role of the Commission in regulating housing bonds. Background: In October, the SEC proposed two rules to enforce provisions of the...
View ArticleDetails announced for SEC Second Field Hearing on State Of Municipal...
The SEC announced the agenda and panelists for a second field hearing to examine the municipal securities market. Among the topics to be discussed are market stability, liquidity, investor impact, and...
View ArticleNCSHA reacts to SEC final rule
The National Council of State Housing Agencies, a vocal advocate for HFA exemption from increased asset-backed securities disclosure requirements, published a lengthy blog post in response to the SEC’s...
View ArticleFannie Mae Introduces Multifamily MBS
Yesterday, Fannie Mae announced the introduction of a new multifamily mortgage-backed securities (MBS) execution entitled Fannie Mae GeMS™ that will include DUS (Deregulated Underwriting Services)...
View ArticleNCSHA backs risk retention exemption
The National Council of State Housing Agencies (NCSHA) submitted comments on Aug. 1st in support of exemptions contained in a proposed rule on risk retention requirements. The rule, “generally requires...
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