Advisory Proposes Credit Crunch Solution To Treasury

19 Dec 2008

The Phoenix Peak Group is pitching a solution to unblock the securitization markets: completely reunderwrite delinquent home loans and then resecuritize them.

-- Olivia Thetgyi

The Phoenix Peak Group is pitching a solution to unblock the securitization markets: completely reunderwrite delinquent home loans and then resecuritize them. The New York-based structured finance and portfolio management advisory firm’s solution would also insert a new player in the markets, “a securitization manager,” whose ...

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