Financing property from securitisation to covered bonds[electronic resource]

Financing property from securitisation to covered bonds[electronic resource] - London Eurohypo AG 2008 - Real Estate Agenda June 2008 .

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.


CREDIT CRUNCH


Europe

333.33 $2 18