FDIC Safe Harbor Rule May Impact Securitization Ratings, S&P Says
June 18, 2010
Although officials at the Federal Deposit Insurance Corp. say the agency’s proposed securitization rule is designed to boost investor confidence and restore the non-agency MBS and ABS markets, industry analysts question whether it will leave too much doubt in the market.The FDIC proposal, developed in response to new accounting rules on securitization, establishes...