12/3/2008

As part of a series of measures to reinvigorate securitization markets, financial institutions and industry bodies worldwide are planning to revamp standards for mortgage securities. The enhanced standards aim to give investors, rating agencies and mortgage servicers a better understanding of credit quality and options for modifying loans when homeowners struggle to make payments. American Securitization Forum Executive Director George Miller said the standards will address issues in securitizations, including a lack of consistent, credible information for investors. Read a related news release from SIFMA. Find information about how to join today's conference call and webinar which is IN PROGRESS NOW, hosted by SIFMA, the European Securitisation Forum, the Australian Securitisation Forum and the American Securitization Forum.

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