Subprime Legal: Asset-Backed Deal Spotted and an I-Bank as Victim

For the litigators busy suing over subprime, or corporate types waiting – praying — for that market to come back, a few news tidbits.
Securitization Spotted: The Journal’s Serena Ng reports today that the business of securitization – in which banks create securities out of big pools of loans – could be staging a modest comeback. [...]