P. 1
Financial Reform Draft Bill

Financial Reform Draft Bill

3.0

|Views: 1.106|Likes:
Publicado porFOXBusiness.com
Draft of the Restoring American Financial Stability Act of 2010
Draft of the Restoring American Financial Stability Act of 2010

More info:

Published by: FOXBusiness.com on Jun 10, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

05/24/2012

pdf

text

original

21

troller General of the effect on the capital reserves and

22

funding of lenders of credit risk retention provisions for

23

non-qualified mortgages, including an analysis of the ex-

24

ceptions and adjustments authorized in section

25

1835

o:\ayo\MTGAG—003.xml [file 25 of 26]

S.L.C

129C(l)(3)(A) of the Truth in Lending Act and a rec-

1

ommendation on whether a uniform standard is needed.

2

(d) ANALYSISOFCREDITRISKRETENTIONPROVI-

3

SIONS.—The report required by subsection (b) shall also

4

include—

5

(1) an analysis by the Comptroller General of

6

whether the credit risk retention provisions have sig-

7

nificantly reduced risks to the larger credit market

8

of the repackaging and selling of securitized loans on

9

a secondary market; and

10

(2) recommendations to the Congress on adjust-

11

ments that should be made, or additional measures

12

that should be undertaken.

13

SEC. 1425. STATE ATTORNEY GENERAL ENFORCEMENT AU-

14

THORITY.

15

You're Reading a Free Preview

Descarga
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->