The Federal Reserve Bank of New York updated its FAQ on borrower and collateral eligibility for the Term Asset-Backed Securities Loan Facility.
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The Federal Reserve Board provided additional information on borrower and collateral eligibility for the Term Asset-Backed Securities Loan Facility.
A coalition of mortgage lenders and SIFMA made recommendations to the CFPB on proposed revisions to the definition of "Qualified Mortgage" under the Truth in Lending Act.
In a recent research note, FINRA Office of the Chief Economist staff members examined the liquidity of securitized assets over the course of the last several years, noting both positive and negative market developments.