QRM : Risk Retention and the Mortgage Market : CRS In Focus.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Finance--Law and legislation.

Finance.

Mortgages.

Credit.

Risk assessment.

Physical Description:

1 online resource (1 online resource (2 p), digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2014.

System Details:

text file

Summary:

Discusses final rule to implement credit risk retention (CRR) requirement of Section 941 of the Dodd-Frank Act, which applies to many different types of asset-backed securities (ABS), including ABS backed by student loans, auto loans, credit card receivables, and other asset classes. Focuses on elements of the rule related to residential mortgage market. Explains securitization, credit risk, CRR rule and why it was adopted, and qualified residential mortgage. Provides brief description of rulemaking process, and summarizes selected policy issues.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. QRM: Risk Retention and the Mortgage Market

Access Restriction:

Restricted for use by site license.