The National Association of Realtors® (NAR) — a powerful voice in the U.S. housing arena — recommends moving toward a future where covered bonds could play a significant role in U.S. real estate financing.
This recommendation comes as part of a new NAR document on how best to restructure Fannie Mae and Freddie Mac, the [...]

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By Mercy Jiménez
American Banker today (Dec. 11) published a “Viewpoint” commentary I wrote on Congressman Scott Garrett’s (R-NJ) groundbreaking proposal for covered bond legislation in the U.S.  
This legislation could open up the way for diversified sources of funding for banks as well as a partial solution for the Fed’s exit strategy on its $1 [...]

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While the European covered bond market celebrates a record-breaking past week, Tim Skeet is looking ahead to new opportunities for this funding vehicle on the opposite shore of the Atlantic.
In a TV interview on CNBC Europe Friday (Oct. 2), Skeet said: “[As] we look into 2010, the U.S. market is the market of tomorrow [...]

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A Los Angeles Times editorial (Sept. 27) on the future of Fannie Mae and Freddie Mac includes positive words about the potential role of covered bonds in U.S. home financing.
In the editorial’s view, the two government-sponsored entities’ “mix of public mission and private ownership is too combustible to be sustained.” Instead, the federal government [...]

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