Video - Sheila Bair - Mar. 29, 2011
Chairman Sheila Bair discusses the FDIC's meeting today on proposed rules requiring lenders to keep a stake in loans they securitize. Bair, speaking with Margaret Brennan on Bloomberg Television's "InBusiness," also discusses a measure that would require "systemically important" firms to draft plans for how their operations can be resolved after a collapse.
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Lenders Could Get Exemptions Under New Risk-Retention Rule
U.S. regulators proposed exempting banks and bond issuers who meet high underwriting standards from rules requiring them to keep a stake in loans they securitize, according to a draft proposal.
http://www.bloomberg.com/news/2011-03-28/lenders-said-to-get-exemption-option-under-risk-retention-rule.html
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Securitization Skin-in-the-Game Rules Permit Hedging Stakes
http://www.bloomberg.com/news/2011-03-30/securitization-skin-in-the-game-rules-permit-hedging-stakes-2-.html