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New Developments In The Covered Bond Market

Cover of Covered Bonds magazineCovered bonds are a way to increase credit flow to the commercial real estate industry.  A covered bond is a way for a bank to issue a bond backed by a pool of real estate assets that are backed not only by the assets contained therein, but also by the bank’s promise to repay.

NAR has been advocating for a commercial bond market because of the benefits it would bring to the industry in terms of credit availability.  An April podcast by NAR Treasurer Bill Armstrong discusses the market and regulations on the table.

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