ASF Proposes Two Approaches to Update FDIC’s Securitization Rule
September 25, 2009
The American Securitization Forum released two alternative approaches that the Federal Deposit Insurance Corp. could adopt in changes to its “Securitization Participation” rule governing the treatment of securities and interest transferred between failed institutions and the FDIC. The ASF has been consulting with the FDIC over possible changes to update the agency’s securitization...