Mortgage Brokers and Mortgage Lenders Regulations
Published on:
June 29, 2007
Committee:
SIFMA and the American Securitization Forum (ASF) provide to the Massachusetts Attorney General on the Mortgage Brokers and Mortgage Lenders Regulations, request for comments: M.G.L. 93A, 940 C.M.R. 8.00. The proposed amendments to the Mortgage Brokers and Mortgage Lenders Regulations are intended to address unfair or deceptive acts of practices in the provision of residential mortgage loans. The groups believe that a sensible response to the challenges in the subprime mortgage market, at both the federal or state level, is imperative for liquid, efficient, and well-functioning national mortgage securities markets.