Mortgages Without Risk, At Least For The Banks – 29 November 2013

New York Times

By

That was why the Dodd-Frank financial overhaul law included risk retention — called “skin in the game” — as a major reform. For all but the safest loans, someone connected to the loan had to keep a stake in it. If such a loan went bad, then that lender would suffer along with those who bought securities containing it.

Read the whole article: www.nytimes.com/ link to original article

Comments are closed.