Volume 27 - Number 5
February 4, 2010
Congressional Support for Covered Bonds Legislation Grows as Backers Hope Third Time is the Charm
Supporters of covered bonds hope the continuing struggles in the U.S. housing market, stagnation in the credit markets and lingering uncertainty about what to do with Fannie Mae and Freddie Mac will convince policymakers to establish a legal framework for covered bonds in this country. “We have tried at least two times before to bring covered bonds to the attention of the U.S. market...
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