Credit Card Reform May Hinder Securitization Revival

31 Mar 2009

Legislation aimed at reforming credit card practices may end up hindering government bids to revive the securitization market.

Legislation aimed at reforming credit card practices may end up hindering government bids to revive the securitization market. Proposals would limit the ability of credit card companies to price a borrower’s risk, which could ultimately result in less lending—and hurt the chances of success for programs such as ...

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