Best Practices for Residential Covered Bonds
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The Administration is focused on pursuing a range of initiatives to help homeowners avoid preventable foreclosures and to speed the recovery from the housing correction. Covered bonds have the potential to help homebuyers and those seeking to refinance by increasing mortgage financing. Covered bonds can also help strengthen U.S. financial institutions by providing a new funding source that will diversify their overall funding portfolio. The Treasury Department has developed Best Practices for Residential Covered Bonds to serve as a starting-point for the covered bond market by encouraging issuers to use a common structure with high quality collateral.
Best Practices
Best Practices for Residential Covered Bonds ![pdf icon](https://webarchive.library.unt.edu/eot2008/20090514211856im_/http://www.treasury.gov/images/assets/pdficon.gif)
Fact Sheet ![pdf icon](https://webarchive.library.unt.edu/eot2008/20090514211856im_/http://www.treasury.gov/images/assets/pdficon.gif)
News and Announcements
speeches
Resources
FDIC Final Covered Bond Policy Statement
Remarks by Chairman Shelia Bair, FDIC
Remarks by Governor Kevin Warsh, Federal Reserve
Remarks by Comptroller John Dugan, OCC
Policy Statement of the PWG ![pdf icon](https://webarchive.library.unt.edu/eot2008/20090514211856im_/http://www.treasury.gov/images/assets/pdficon.gif)
Last Updated:
July 29, 2008 |