A law passed in 1984 that allowed regulated financial institutions to invest in mortgage-backed securities. This law led to rapid growth in the secondary mortgage market, but it also contributed to the collapse of the housing market that began in 2007.
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An act passed in the United States in 1984 to meet growing demand for mortgage credit that could not be wholly met by existing federal agencies. The SMMEA ...
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Definition of Secondary Mortgage Market Enhancement Act (SMMEA): A law passed in 1984 that allowed regulated financial institutions to invest in ...
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The Riegle Community Development and Regulatory Improvement Act of 1994 extended the Secondary Mortgage Market Enhancement Act (SMMEA) to certain ...
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Oct 3, 1984 ... Title I of the 1984 the Secondary Mortgage Market Enhancement Act (SMMEA) was de- signed to remove some of the regulatory barriers that ...
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1984 Secondary Mortgage Market Enhancement Act (SMMEA). 29. SMMEA exempted private-label MBS from certain securities laws, and thus “enable[d] private ...
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In 1984 the government passed the Secondary Mortgage Market Enhancement Act (SMMEA) to improve the marketability of private label passthroughs, which ...
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In 1984 the federal government of the United States passed the Secondary Mortgage Market Enhancement Act (SMMEA) to improve the marketability of ...