Recent Regulatory and Market Developments in the US that may Affect the Australian RMBS Market

Regulatory and market developments in the US residential mortgage-backed securities space often make their way into the Australian market. US regulators have recently put forward two forms of regulatory guidance – one concept release and one final rule – to address some market developments and to implement a control standard mandated by the Dodd-Frank Act. Partners Amanda Baker and Jon Van Gorp share insights on the content of the guidance.