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Legal Developments worldwide

The mortgage bond system in Switzerland: analternative source of finance

August 2009 - Real Estate & Property. Legal Developments by Walder Wyss Ltd.

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The ongoing disruption of credit and capitalmarkets has led banks to invent and pursue refinancing solutions that have previously been used only rarely or that have been used in a different context. Credit portfolios are now sold and transferred to selected investors at substantial discounts rather than to the broader capital markets.

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