Not so bullish - Risk.net

Risk staff
01 Nov 2007

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Securitisation has seen a swift fall from grace since August, with investors shunning new asset-backed paper amid worries over potential US subprime mortgage loan exposure and uncertainty over valuations. The lack of liquidity has had painful consequences for banks reliant on wholesale funding - a prime example is UK mortgage bank Northern Rock, which was forced to rely on a collateralised liquidity facility hastily put together by the Bank of England in September after it was unable to raise

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]