FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
SIFMA provides comments to the Bureau of Consumer Financial Protection (CFPB) on Qualified Mortgage (QM); Regulation Z; and Truth in Lending; Docket No. R-1417; RIN No. 7100-AD75. SIFMA address three points related to qualified mortgage regulation: (1) the parameters of the qualified mortgage definition must be scaled broadly, as opposed to narrowly, as QM loans will be predominant source of widely available mortgage credit; (2) due to the risk of liability inherent in non-QM lending, the parameters of the definition must provide clear, bright lines, and a safe harbor for compliance; and (3) the need for further, more detailed discussion of these issues with secondary market participants.
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) on why the SEC should reject requests to make…
SIFMA and the International Swaps and Derivatives Association, Inc. (ISDA) provided comments to the Federal Reserve Board of Governors on…