Covered Bonds
Features & Proposals
This book examines the features and proposals of residential covered bond utilization and future issues for the 112th Congress. Covered bonds are a relatively common method of funding mortgages in Europe, however uncommon in the United States. A covered bond is a recourse debt obligation that is secured by a pool of assets, often mortgages. The holders of the bond are given additional protection in the event of bankruptcy or insolvency of the issuing lender. Because some believe that the sub-prime mortgage turmoil may have been influenced by poor incentives for lenders using the securitization process, some policymakers have recommended cover…
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Produktdetails
Weitere Autoren: Li, Chan (Hrsg.)
- ISBN: 978-1-61470-118-7
- EAN: 9781614701187
- Produktnummer: 17668638
- Verlag: Nova Science Publishers Inc
- Sprache: Englisch
- Erscheinungsjahr: 2012
- Masse: H23.9 cm x B16.1 cm x D1.4 cm 370 g
- Abbildungen: Illustrations, unspecified
- Gewicht: 370
- Sonstiges: Professional & Vocational
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Features & Proposals
Features & Proposals
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