Rep. Frank Bemoans ‘Revolt’ Against Risk Retention

The chief author of the Dodd-Frank Financial Reform Act took exception to what he called “the revolt against risk retention,” saying requiring originators to hold 5% of the loan amount on their books is “one of the central things we did in the bill.”

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_435/Frank-Bemoans-Revolt-Risk-Retention-1026632-1.html

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