Risk-Retention Comment Period Extended

07 Jun 2011

The mortgage industry’s lobbying efforts have succeeded in persuading regulators to extend the comment period on a proposed risk-retention rule for issuers of mortgages.

The mortgage industry’s lobbying efforts have succeeded in persuading regulators to extend the comment period on a proposed risk-retention rule for issuers of mortgages. The comment period, which originally was set to expire June 10, will now end Aug.1. Sheila Bair, the current chairman of the Federal Deposit ...

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