In separate comment letters to the Securities and Exchange Commission - together more than 170 pages - both the American Securitization Forum and The Bond Market Association said that further concessions to the proposed rule changes regarding ABS and MBS reporting are needed.

The two industry groups take different approaches in presenting their cases for changes. While TBMA takes a more issuer-focused approach, the ASF points out securitization's benefits to the consumer and the potential damage to the consumer, should securitization be reined in.

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