house crushes

Mobilising MILNs

Category: Insurance-linked securities

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The MILN market is in deep freeze but thaw might be due

The mortgage insurance-linked note (MILN) market has been closed for three months as a result of the Covid 19 dislocation, but well-placed sources say the smoke is clearing and that the market shutdown will not be as protracted as was originally feared.

“Through April, we had no discussions with investors that were at all constructive about new deals.

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