SFIG Meets with Treasury Officials to Discuss Making CRTs Eligible for Mortgage REITs

On Thursday, March 30th, SFIG staff met with Craig Phillips, Counselor to Treasury Secretary Steven Mnuchin. The discussion focused on qualifying the GSEs' Credit Risk Transfer (CRT) securities as "good" REIT assets. SFIG also discussed with Mr. Phillips the regulatory and legislative obstacles to a freer flow of private capital in the structured finance market. SFIG will have a follow-up meeting with Treasury to discuss a more comprehensive list of issues affecting the ABS market, and to propose possible solutions.

Terms and Conditions | Privacy Policy