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Loan Modification

: Mortgage Lender Implode-o-Meter

MINIMUM UNDERWRITING STANDARDS COULD PLAY MAJOR ROLE IN REFORMING SECURITIZAT

By Implode-Explode Heavy Industries

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"Comptroller of the Currency John C. Dugan said today that a robust securitization market is vital to funding the needs of consumers and businesses, and urged policy makers to focus reform efforts on improving underwriting standards rather than "skin-in-the game" risk retention proposals."

Full post as published by Mortgage Lender Implode-o-Meter on February 07, 2010 (boomark / email).

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