As Covered Bonds Move Forward, Questions Remain on Costs
Legislation to establish a regulatory framework for a US covered bond market was approved by a House of Representatives panel late Wednesday. The move represents the fourth attempt to promote the product by establishing a binding framework in the United States. Representatives Paul Kanjorski (D-PA) and Scott Garrett (R-NJ) are sponsoring the bill, which passed the [...]Go to the Original Source of this Post>>