W WAWTU31 Nov 29, 2005 #1 Does anyone think there is a market for trading Consumer Credit Card debt, the way the mortgage market works? It would be an 800 million dollar market overnight.
Does anyone think there is a market for trading Consumer Credit Card debt, the way the mortgage market works? It would be an 800 million dollar market overnight.
H hoezx6r Nov 29, 2005 #2 Are there any regulations on how much exposure a credit card company can have? That's been a big driver behind the growth of MBS and credit derivative markets.
Are there any regulations on how much exposure a credit card company can have? That's been a big driver behind the growth of MBS and credit derivative markets.
M MoralHazard Nov 29, 2005 #4 Quote from WAWTU31: Does anyone think there is a market for trading Consumer Credit Card debt, the way the mortgage market works? It would be an 800 million dollar market overnight. More... See for example http://www.phil.frb.org/pcc/workshops/workshop11.pdf
Quote from WAWTU31: Does anyone think there is a market for trading Consumer Credit Card debt, the way the mortgage market works? It would be an 800 million dollar market overnight. More... See for example http://www.phil.frb.org/pcc/workshops/workshop11.pdf
