Sen. Isakson: Regulators Have Turned the QRM On Its Head

Congress wanted to create a large category of high quality residential mortgages that would be exempt from risk retention and easily securitized – but banking regulators have taken the opposite approach, according to Sen. Johnny Isakson, R-Ga.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_427/regulators-turned-qrm-on-head-1026463-1.html

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