As many of you probably know, at Covered Bond Investor™ we believe that development of a U.S. covered bond market could strongly benefit the nation’s economy as a supplemental source of funding.
For that reason, we have volunteered to help spread the word about a panel discussion on the topic to be held in Washington, DC this month, hosted by the Association of German Pfandbrief Banks (vdp). You may listen on Friday January 29 at 1 – 2:15 p.m. (EST) to a complimentary live WEBCAST BUT REGISTRATION IS REQUIRED.
The event comes at an opportune moment, just weeks after a landmark hearing on covered bonds by a key committee of the U.S. House of Representatives.
Also the Mortgage Bankers Association recently listed covered bond legislation as one of its legislative and regulatory priorities for 2010, which could help develop covered bonds as a funding tool in the U.S. In fact, the MBA is officially in collaboration with the webcast event.
The webcast will bring together participants with vital and incisive insights into prospects for covered bonds in the U.S. Many of you are familiar with the moderator, Tim Skeet, who has kept his finger on the (sometimes weak) pulse of U.S. covered bonds for years and is actively involved in moving the cause forward. Jerry Marlatt is in the forefront among U.S. lawyers on the topic — often called a “pioneer.” David Power offers the unique perspective of a banker involved with covered bond issuance right next door, in Canada. Jens Tolckmitt’s institution, Germany’s venerable vdp, has been instrumental in aiding development of covered bonds in a variety of European countries. I will also join the panel discussion and provide perspective from my years in the U.S. mortgage market and financial services.
So if you have interest in covered bonds, be sure to make your webcast reservation now by