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Article: ABA Applauds FDIC Covered Bond Policy Statement
- Article from:
- US Fed News Service, Including US State News
- Article date:
- April 15, 2008
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The American Bankers Association issued the following statement:
"We congratulate the FDIC for taking innovative and timely action that will make more funds available for mortgage lending at a time when liquidity is badly needed.
"Potential homebuyers, just as much as investors, are eager for reliable sources of mortgage funding and investment. This policy statement on covered bonds will ...