In a response letter to the Federal Deposit Insurance Corp. (FDIC), the American Securitization Forum (ASF) expressed its concern that current FDIC Safe Harbor proposals could threaten investor certainty in the securities that they own.

Without the guarantee of the Safe Harbor, investors, according to the ASF, will not have the assurance that they would receive timely payments for their ‘AAA’ rated investments. The uncertainty could bar the reopening of the securitization markets, the association said.

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