ASF Extols the Benefits of Securitization, Concedes Negative Outcomes; Project ReSTART Progresses
June 19, 2009
The American Securitization Forum released a study this week defending residential mortgage securitization as vital to providing abundant and affordable mortgage credit, while conceding there have been some associated downsides by funding unaffordable or unsuitable lending products, or by concentrating risk instead of dispersing it.Based on a review of loan-level and other data...