13 Pages Posted: 9 Jun 2014
Date Written: May 28, 2014
Federal and state regulators are currently considering the imposition of capital requirements and other prudential rules on various classes of non-bank financial institutions, including insurers and mortgage servicers. This report examines some of the issues involving non-bank financial companies with a focus on non-bank loan mortgage originators and/or servicers (“seller/servicers”) in the context of the evolving discussion among regulators and researchers toward developing “appropriate” regulation and supervision like that traditionally applied to insured depository institutions (IDIs).
Keywords: Capital Requirements, Non-bank, Mortgage Servicer, Lender, True Sale, Fraud
JEL Classification: G18, G21, G38, K23, K22, L50, L51, N20
Suggested Citation: Suggested Citation
Whalen, Richard Christopher and Riggi, Marjan, Capital Requirements for Non-Bank Mortgage Companies (May 28, 2014). Available at SSRN: https://ssrn.com/abstract=2447287 or http://dx.doi.org/10.2139/ssrn.2447287