US securitisation of the year – FDIC
US securitisation of the year – FDIC
Guarantor: Federal Deposit Insurance Corporation
Programme: Structured Sale Guaranteed Notes
Size: $4.1 billion
FDIC SSGN 2010-S1
Receivership: Multibank
Underlying assets: MBS
Date: March 11, 2010
FDIC SSGN 2010-L1
Receivership: Corus Bank
Underlying assets: commercial construction loans
Date: March 16, 2010
FDIC SSGN 2010-L2
Receivership: Franklin Bank
Underlying assets: RMBS
Date: March 26, 2010
FDIC SSGN 2010-L3
Receivership: Multibank
Underlying assets: CRE loans
Date: May 18, 2010
Given that problems in
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