Does Britain need mortgage-backed securities?
Language: English Series: Economist ; 305(7519) 10 October 1987, 85(1)Publication details: 1987Subject(s): Summary: Focuses on the securitisation market. Though three companies have entered the market, mortgage-backed securities have yet to catch on in Britain. Describes the activities of the Salomon Brothers subsidiary, The Mortgage Corporation (TMC) in issuing mortgage-backed bonds . Includes a flow chart explaining how TMC and other issuers turn mortgages into securities . Notes incentives necessary to make it a more attractive proposition for banks and building societies.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS38324 (Browse shelf(Opens below)) | 1 | Available | 9951-1001 |
Focuses on the securitisation market. Though three companies have entered the market, mortgage-backed securities have yet to catch on in Britain. Describes the activities of the Salomon Brothers subsidiary, The Mortgage Corporation (TMC) in issuing mortgage-backed bonds . Includes a flow chart explaining how TMC and other issuers turn mortgages into securities . Notes incentives necessary to make it a more attractive proposition for banks and building societies.