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Code · BILL · 113th Congress · S. 1217 (Reported in Senate) — To provide secondary mortgage market reform, and for other purposes. · Sec. 216

Sec. 216. Additional authority relating to oversight of market participants

85 words·~1 min read·/bill/113/s/1217/rs/section-216·

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In carrying out its authorities under this subtitle, the Corporation may, in its discretion, develop, publish, and adopt such other additional standards or requirements as the Corporation determines necessary to ensure— competition among approved private mortgage insurers, servicers, issuers, and bond guarantors and other market participants in the secondary mortgage market; competitive pricing among approved private mortgage insurers, servicers, issuers, and bond guarantors and other market participants in the secondary mortgage market; and liquidity, transparency, and access to mortgage credit in the secondary mortgage market.
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