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...
| Автор: | |
|---|---|
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2010/277 |
| Онлайн доступ: | Full text available on IMF |