According to Bloomberg, the Structured Finance Industry Group will hold a four-hour roundtable with about 35 executives in New York to reduce mistrust among secondary mortgage market participants.

The participants will attempt to answer a lingering question: When are lenders or sellers of mortgage securities on the line for loan repurchases when issues surface later on. Bloomberg reports:

“The time to have these discussions is now, and not over dinners, drinks and individual phone calls,” said Eric Kaplan, a managing director at Shellpoint Partners LLC, the lender backed by mortgage-bond pioneer Lewis Ranieri. “A lot of work has been done. The question is whether it’s enough. We don’t want a repeat of the housing crisis, where everyone got hurt.”

Most Popular Articles

FHA loan limits increasing for almost all of U.S. in 2020

Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.

Dec 05, 2019 By

Latest Articles

HousingWire is growing. Come join us

2019 has been a year of tremendous audience and product growth for HousingWire and we couldn’t be prouder. But we’re not ready to rest on our laurels. Far from it. In fact, 2020 promises to be an even bigger year for HousingWire.

Dec 06, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please