On the recordApril 22, 2009
I agree we ought to look at the credit risk retention requirement, and originators should have skin in the game.
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congress.govI agree we ought to look at the credit risk retention requirement, and originators should have skin in the game.
Bachus supports examining credit risk retention but disagrees with the current approach.
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When you give us assurances that you are not going to use this information, like personally identifiable information, all we really have to go on is that in the Federal Register, your agency has asked permission to collect all this…
Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.
So this is to not create any kind of double taxation or deprive any particular state of the ability to collect income tax.