(redirected from Secondary Mortgage Market Enhancement Act)
SMMEASecondary Mortgage Market Enhancement Act
SMMEASoutheast Massachusetts Maritime Employees Association
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Consistent with this view, Congress extended the provisions of the Secondary Mortgage Market Enhancement Act (SMMEA) to all multifamily and commercial "mortgage-related securities." This change was included in the Riegle Community Development and Regulatory Improvement Act of 1994, although the effective date of SMMEA eligibility is pending final regulatory action by the Office of the Comptroller of the Currency.
With the enactment of the Secondary Mortgage Market Enhancement Act of 1984 (SMMEA) PMBS issuances improved dramatically during the 1986 to 1990 period.
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