Can Covered Bonds Resuscitate Residential Mortgage Finance in the United States? /
This paper considers the case for mortgage covered bonds as an alternative to the originate-to-distribute mortgage funding model. It argues that the economic incentives provided to market participants under the covered bonds model are less susceptible to moral hazard even while retaining the key ben...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2010/277 |
| Online Erişim: | Full text available on IMF |