So-called "covered bonds" are debt securities that are backed by the cash flows from public-sector loans or from real-estate mortgages....
When it comes to the global financial crisis and the Great Recession that followed, this could well be the ultimate irony: The Wall Street invention...
Massachusetts Land Court judge Keith C. Long recently ruled that foreclosure sales of two properties with securitized mortgages were invalid, a...
By relying on asset-backed securities, large amounts of leverage and unregulated hedge funds as its key elements, the U.S. Treasury Department's...
