After Fannie Mae and Freddie Mac agreed to start registering their equity issues with the Security & Exchange Commission, the regulators and other so-called "paid enemies" are now targeting the lack of disclosure with regards to the mortgage-backed securities the two agencies guaranty.

Though Fannie and Freddie are not expected to begin registering their debt securities or mortgage-backeds with the SEC, a study of disclosure requirements on agency MBS will be conducted jointly by the SEC, the Office of Federal Housing Enterprise Oversight (OFHEO), and the U.S. Department of Treasury. One goal of the study is to determine if investors need more information when purchasing agency MBS.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.