Deutsch: FDIC’s Safe Harbor Could Stall Credit Card Deals

27 Sep 2010

The Federal Deposit Insurance Corporation’s adoption today of the new safe harbor rule could immediately impact master trust structures, such as credit card asset-backed securities, according to Tom Deutsch, executive director of the American Securitization Forum.

The Federal Deposit Insurance Corporation’s adoption today of the new safe harbor rule could immediately impact master trust structures, such as credit card asset-backed securities, according to Tom Deutsch, executive director of the American Securitization Forum. Deutsch said at least three known credit card deals set for launch ...

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