Why Restarting Securitization is Necessary – Gary Greenberg – Why Is Securitization Necessary?  The world has been without a functioning securitization market since the summer of 2007. During this period, world industrial production has closely tracked the decline of the 1930s fall. … While that may appear at first read as an overstatement, make no mistake about it. The modern economy functions on credit and securitization provided more than 1/2 of the credit needs of the United States. … – Red Wine and Beer Diet Blog

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read this – on Ranieri and securitization – The Dubious Birth Of Mortgage-Backed Securities – How Wall Street, Ronald Reagan, and Congress created a financial time bomb. – By Alyssa Katz – This is an exclusive, adapted excerpt from Our Lot: How Real Estate Came to Own Us, published this week by Bloomsbury – The Big Money from Slate

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Derivatives: The risk that still won’t go away – By Carol J. Loomis – Washington wants to step up regulation of these complex instruments, but new rules may not be enough to tame them. – Fortune 

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The Challenge of Defusing the Derivatives Time Bomb – By FLOYD NORRIS – In the world of derivatives, profits for the dealers come from complexity and secrecy. As a new regulatory system for derivatives is shaped on Capitol Hill, the banks will try to preserve as much of both as they can. To the extent they succeed, it will be the customers, and the financial system, that are at risk. Already the banks seem to be winning one important battle, that of explaining why derivatives exist. – NY Times
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Study says Securitization Lowers Credit Costs, Expands Supply - Securitization has taken a beating for its role in the financial and economic crisis ignited by the meltdown of securities backed by subprime mortgages. But a new study by NERA Economic Consulting finds that securitization has many benefits including lower borrowing costs and increased lending to underserved populations. – Research Recap