Read the latest articles and press releases about securitization and structured finance.


Revisions to Volcker-Rule Restrictions Approved by Regulators

On Tuesday, the FDIC and the Office of the Comptroller of Currency voted to modify the Volker Rule, regulation that implements part of the 2010 Dodd-Frank Act.

CFPB Taps Student Loan Servicing Exec for Ombudsman Role

Robert G. Cameron, a former executive of the Pennsylvania Higher Education Assistance Agency, has been named as the CFPB’s private education loan ombudsman, a role that was vacant for almost a year.

Ohio Case Tests CFPB’s “Ability-to-Repay” Rule

Last week, in one of the first true legal tests of the CFPB's ability-to-repay rule, an Ohio man who claimed his local bank had been negligent in verifying his income lost his case.

SFA Files Amicus Brief in Case of Petersen v. Chase Card Funding

On Tuesday, August 13th, SFA, jointly with BPI, filed a motion in the US District Court in the Western District of New York for leave to file an amicus brief in the matter of Peterson v. Chase Card Funding.

Wall Street Watchdogs Set to Revise Dodd-Frank Act’s Volcker Rule

The Volcker Rule is set to be revamped by a group of five agencies led by the Federal Reserve.

Treasury Considers SOFR Bond

Last week, the Treasury Department said that it is considering floating rate notes linked to the Fed-created secured overnight financing rate (SOFR).

Newer Credit Scoring Models Result in More Loans and Cheaper Loans, Says CFPB Study

A movement to convince Freddie Mac and Fannie Mae to use newer credit scoring models was emboldened by a new study from the Consumer Financial Protection Bureau (CFPB).

CFPB Plans to End QM Patch

The QM patch exempts GSE-backed loans from components of the CFPB’s ability-to-repay rule.

SFA Issues Statement in Support of CFPB Qualified Mortgage ANPR Release

In response to the release of the ANPR, SFA CEO Michael Bright issued a statement of support thanking the CFPB for giving this important topic focus and attention.

Powell Pushing Fed to Adopt Quarter-Point July Rate Cut

Citing slow global growth and ongoing trade tensions, policy makers are open to further cuts.