Late last week, Sens. Corker (R-TN) and Hagan (D-NC) revived the hopes for covered-bond legislation by filing an amendment to S. 1832, the JOBS Act. The new bill attempts to address the FDIC’s objections to prior versions, but faces an uphill struggle in the Senate. Still, its chances for passage are better than ever before.

The full report is available to subscription clients.  To find out how you can sign up for the service, click here

.