Treasury Department Announces Effort to Revive Private Label Securities Market

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On June 26, the Department of the Treasury announced an effort to revive the residential mortgage-backed private label securities market to improve the overall efficiency of the U.S. housing finance system. In connection with this effort, the Treasury Department published a request for comment soliciting input from investors, securitizers and other market participants and plans to host a series of upcoming meetings to further explore ways to increase private lending. Comments are due on August 8, 2014. Press Release.

 

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