Acting Comptroller of the Currency John Walsh in remarks prepared for delivery at ASF 2012 said it was hard to imagine full recovery of the financial system without the liquidity and funding avenues provided by a well functioning securitization market.

In his address, Walsh highlighted the importance of securitization for the recovery of the housing market and by extension the recovery of the economy. But Walsh said there were still several moving pieces to rulemaking provisons that will impact how the market will work going forward.  

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