ASR News Update

Published 1 Min Read

This weeks newscast from ASR covers the buzz at IMN’s ABS East conference, the impact of the government shutdown on student loan backed securities and new securitization hires at Mayer Brown.

More From Asset Securitization Report

Nonbank lenders balk at Ginnie Mae capital plan

The guarantor has for the first time proposed a risk-based capital requirement for companies not subject to other federal regulation. The industry says the plan, which would impose a heavy charge for servicing portfolios, could drive lenders away from government-backed programs.

By Kate Berry
Reporter
American Banker