Securitization Experts Agree on How Market Collapsed But Differ on How to Restore It
October 9, 2009
Academic and business experts were unanimous on the importance of securitization and on the causes of the market’s collapse but divided on what they think is needed to jolt the private-label MBS market back to life. Testifying at a Senate Committee on Banking, Housing and Urban Affairs hearing this week, industry players and academics agreed that the originate-to-distribute model in which...