By Spencer Punnett for  Covered Bond Investor™

06/25/2010

“Well, they were in, and then they were out.”
That’s how a Client Alert from the Morrison & Foerster law firm described the fate of the covered bond provisions that came close — apparently very close — to inclusion in [...]

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By Covered Bond Investor™ Staff

Just when it seemed relegated to the sidelines, proposed comprehensive U.S. covered bond legislation may be back in the game.
House members of the Conference [...]

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The announcement below was released May 7 by the office of Rep. Scott Garrett, who introduced the United States Covered Bond Act of 2010 in the House of Representatives (March 18).
(Washington, DC)– Rep. Scott Garrett (R-NJ) is asking Senate leaders to consider the inclusion of legislative language that would create a statutory framework for [...]

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In a long-anticipated move, France’s Compagnie de Financement Foncier (CFF) priced its first-ever U.S. dollar-denominated (USD) covered bond Thursday (April 15).
This is also the first USD covered bond (CB) ever issued under French law and the first USD CB from any European financial institution since 2007.
CFF’s launch follows in the wake of two recent [...]

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