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Hope, Again, For Covered Bonds In U.S.

Morrison & Foerster's new Stateside covered bond pro says a robust U.S. market for the asset class is not a far-off possibility


By Joshua Hamerman

October 2, 2009

Covered bonds, touted as a potential panacea to housing market troubles and a viable alternative to securitization by U.S. regulators last summer, still have not taken off on this side of the Atlantic. Jerry Marlatt, a covered bond and securitization attorney who recently joined Morrison & Foerster, spoke with IDD about why a robust market for the asset class in North America is still a possibility.

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