Part 1 had 9 links – here are 7 more  links

David Merkel has an excellent piece – save this link as a reference – Covering Covered Bonds – Aleph Blog

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Paulson’s Covered Bond Proposal – Many people are asking about Treasury Secretary Paulson’s Covered Bond Plan. – MISH’S Global Economic Trend Analysis 

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Best Practices For Residential Covered Bonds – U.S. Department of the Treasury 

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1.  Are Covered Bonds the Answer? – Bob Eisenbeis – Five key issues exist with trying to jump start this market in the US …. article has the 5 items -  Cumberland Advisors

2.  Sliced Bread or Double Dipping?  More on Covered Bonds – Bob Eisenbeis – … The dynamic collateralization comes from the fact that the collateral pool would be actively managed, and any loan that violated the loan-to-value ceiling or was more than 60 days non-performing or delinquent would have to be replaced.  Thus, the bond holders would essentially have both a put and a call: a put on the bad assets in the collateral pool back to the issuing bank and a call on the bank’s good assets for replacements that might be other mortgages, cash, Treasuries, or agency securities.   … – Cumberland Advisors
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FDIC’S STATEMENT MAY PEEL BACK THE COVER ON COVERED BONDS – thanks Bernie Maas – DBRS

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Covered Bonds: What the Paulson Plan Means for You – JPMorgan, BofA, Wells Fargo, and Citi will issue the new bonds. Will they help the markets? Should investors bite? Here’s what you need to know – Avi Satzman – BusinessWeek