Single Security – Priority Issues to be Resolved Before Launch
SIFMA provided comments to the FHFA on single security issues. The preservation and enhancement of the strong liquidity of the…
Letters
Home Mortgage Provisions of Regulation Z, Truth in Lending
Summary
SIFMA and American Securitization Forum (ASF) provide comments to the Federal Reserve Board of Governors on proposed rule Regulation Z, Truth in Lending, Docket No. R-1305. SIFMA and ASF generally support the Truth in Lending Act (TILA) because it would assist borrowers in making informed choices and would promote market efficiency. However, SIFMA and ASF question some aspects regarding preemption, remedies, servicer requirements and regulation of mortgage brokers.
Related Submission
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December 4, 2017 Update on the Single Security
SIFMA recently provided comments to the Federal Housing Finance Agency (FHFA) regarding the Single Security. SIFMA stated, “while we observe…
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Remediation of Issues Related to Rapid VA Loan Refinancing
SIFMA provided comments to Ginnie Mae, supporting efforts to investigate and remediate issues with rapid refinancing of Veterans Affairs (VA) loans…