Advisory Proposes Credit Crunch Solution To Treasury
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 ...Already a subscriber? Login