A securitization trade group Wednesday applauded recent remarks by Comptroller of the Currency John Dugan calling into question "skin-in-the-game" risk-retention proposals.

In a Feb. 2 speech, Dugan said that, though he agrees with the intent of legislative proposals to force originators to retain a portion of the risk exposure on their balance sheets when the assets are securitized, this "is an imprecise" way to improve underwriting and could drive players away from the securitization market.

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