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by Tia on March 25, 2011

in Commercial RE

The Commercial Real Estate Finance Council says the Dodd-Frank rule lacks leeway in its requirements that issuers of asset-backed securities retain 5% of the risk on their books. Asserting that the risk-requirement rule hinders the quota of commercial real estate loans, the New York-based group is looking for elasticity in the law passed last summer. The group is working on a new set of standards that would minimize the effect of the regulations. 

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