For the U.S. market, the lessons of European regulatory simplicity could be key to reviving other sectors of securitization outside the consumer ABS asset classes.
Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis. Nowhere is this more obvious than in CMBS.
An underappreciated threat to the mortgage and housing markets is the reliance of many American borrowers on low Libor rates.
The PrimeX indices experienced a sharp dip in October that drew a lot of attention.
The recent changes to monetary policy by the Fed, among other things, has put the domestic banking system at risk.