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.

 

Topics:  Financial Markets, Housing Market, Mortgage-Backed Securities, Securities, U.S. Treasury

Published In: Finance & Banking Updates, Residential Real Estate Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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