Financing property from securitisation to covered bonds[electronic resource]
Language: English Series: Real Estate Agenda ; June 2008Publication details: London Eurohypo AG 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 144534-2001 |
Explains that securitisation has played a key role in the growth of property finance since 2000 by creating a source of permanent liquidity for banks and property firms. However, this process stopped in Summer 2007 in the wake of the US sub-prime crisis. Explains how securitisation works. Following the Pfandbrief model, presents a market based solution using covered bonds to help re-open the market.