"Here We Go Again" - By Tim Skeet

"With political momentum building for a fully-fledged legislative framework to be adopted in the U.S., we may finally be poised to see the world's largest capital market embrace the covered bond. "

So writes Tim Skeet, Head of Covered Bonds at Bank of America Merrill Lynch (London), in this one-page article from the January edition of Mortgage Info — a publication of the European Mortgage Federation (EMF). 

Speaking to European finance professionals, Skeet stresses (among other things) that passage of a legislative framework will be an essential first step toward development of a successful covered bond market in the U.S.

To download a PDF of the article, click on "Skeet 20100100" under "Attachment," below.