Aug. 27 (Bloomberg) — Sellers of bonds backed by mortgages, auto loans and commercial buildings would have to give investors more details to judge the quality of loans they have packaged under rules approved today by the U.S. Securities and Exchange Commission.

The SEC’s five commissioners unanimously approved rules mandated by the Dodd-Frank Act after investors were burned by soured debt sold by Wall Street before the 2008 credit crisis. The new requirements would apply to the $750 billion market for private mortgage-backed securities, which imploded in 2008 and financed just 1 percent of new mortgages in 2013.

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