-
The payoff of a derivative security is a function of the value in the underlying market, not the other way around. -
Recent events in the credit markets have shattered once-vibrant asset-backed securities markets around the globe.
-
"On the now famous '5% retention' for securitization, I’m pleased to see that the Parliament has resisted the call from industry to do away with what they had only last year characterized as complete nonsense. I am delighted to say that the retention rule has emerged as something that is not nonsense but plain 'common sense'. It is now recognised by the G20 as a key measure to strengthen the financial system." – excerpt from an EP plenary session speech on May 6 by Charlie McCreevy, European Commissioner for Internal Market and Services.
-
There was a lot of discussion in the summer of ‘08 on the topic of covered bonds in the US. Much has and has not happened since.
-
With the introduction of new rules for mark-to-market accounting in both the U.S. and abroad, the ability to obtain a fair, timely and realistic market value for asset-backed securities has taken a new sense of urgency.
-
Current economic conditions have meant that unprecedented government interventions in the market have become widespread.
-
Could the next wave of the credit crisis flood courthouses with commercial real estate securities lawsuits?
-
The Public-Private Investment Program is the latest initiative by the U.S. Treasury to unfreeze credit markets.
-
In a declining economy, commercial real estate investors want long-term leases, low tenant rollover, low expense ratios and the ability to pass along increasing operating expense to tenants.
