Reopening the U.S. mortgage securitization pipeline is a vital step toward a housing market recovery that will boost the wider economy, Comptroller of the Currency Thomas Curry said Monday in a Las Vegas speech.

“Stricter underwriting standards for mortgage loans have clearly contributed to the sluggish and spotty housing recovery, which in turn has been one of the primary causes of sluggish and spotty economic growth,” Curry said at an American Securitization Forum conference.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry