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On-balance sheet securitization is so hot right now
May 01, 2008We can’t help but wonder if our stateside financiers aren’t taking note of the hottest new trend in across-the-pond high finance: securitization on the balance sheet. The Financial Times’ Gillian Tett notes that an increasing number of lenders are opting to turn their loans into bonds, and are keeping them on their balance sheets to boot:
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Mortgage Rates Swing Wildly Amid MBS Selling Pressure
Mar 06, 2008 -
Morgan Stanley Restructures Mortgage Business; 600 Jobs to be Cut
Oct 02, 2007 -
Lehman Cuts 850 As Part of Mortgage Restructuring; Consolidates Mortgage Operations
Sep 06, 2007 -
HSBC Cuts 600 Jobs; Will Close One Office
Aug 22, 2007 -
HSBC Sees US Mortgage Losses Beat Back By Gains in China
Jul 30, 2007 -
HSBC Facing Subprime Trouble; Impairment Charges to Jump 20 Percent
Feb 08, 2007