In the wake of the problematic Senate Banking mark-up of housing-finance reform legislation and the resulting slim chances of statutory reform this year, the Treasury Department has launched an inquiry into ways private label securities (PLS) in residential mortgages can be revitalized without new law.  Only questions are asked, although on a time schedule that suggests possible action later this year.

The full report is available to retainer clients. To find out how you can sign up for the service, click here