Last week's dollar-for-dollar residuals proposal by the Federal Deposit Insurance Corp. (FDIC) would have minimal, if any real impact on most subprime securitization entities, market sources said.

"The dollar-for-dollar portion of the proposal will have no real impact because the FAS-125 gain-on-sale' will be the approximate amount of the residual and this would manufacture the required capital," one source said.

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