Journal Call no. | AP8.W56 |
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Author | Holcombe, Cathy. |
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Article Title | Mortgage-backed and ready to ride : securitization plans to shed dull image / Cathy Holcombe. |
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Is Part Of | Window ; v.4, no.22, 9 Jun 1995, p.54-55, illus. |
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Abstract | Wall Street's only mortgage bond unit raked in the profits - an estimated US$800 million from 1982 to 1985. While there's no comparable conditions to rocket Hongkong's mortgage securities market to such heights, there is growing potential that it could be a sizeable and important one. Thus several firms here have put a lot of time into becoming the local specialists in the instrument despite less-than-ideal conditions and investor wariness. |
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