The Securities Industry and Financial Markets Association (SIFMA), together with its affiliate the European Securitization Forum (ESF), said they welcomed the announcement of the U.K. government's 2009 ABS Guaranty Scheme for RMBS.

"SIFMA welcomes this initiative which is an important additional step in helping to restore investor confidence," said Karsten Moller, executive vice president, SIFMA-Europe and Asia. "The credit and liquidity guarantees are designed to help restart the U.K. RMBS market, which will in turn help improve the housing market." "

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.