auction hammer

Chopra on the march

Category: ABS CLOs CMBS

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CFPB to expand its role and come down harder on securitisation

The securtisation market will see a more aggressive CFPB under the leadership of recently appointed director Rohit Chopra, with “more frequent enforcements and bigger fines,” according to Rachel Rodman, a partner with Cadwalader, Wickersham and Taft.

Rodman was speaking yesterday (5 October) at the annual SFA conference in Las Vegas on a panel addressing the future of housing finance with new heads in place of both the CFPB and the FHFA.

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