Capital markets update: 1997 - the year of the FASIT?

Article Abstract:

The financial asset securitization investment trusts (FASIT) provisions of the Internal Revenue Code under the Small Business Job Protection Act of 1996 will be implemented on September 1, 1997. The FASIT will expediate the securitization of debt obligations such as credit card receivables, automobile loans, and home equity loans. Guidelines on FASIT status, permitted assets, ownership and regular interests, taxation of prohibited transactions are presented, but several issues such as artificial valuation rules and ambivalent provisions exist that must be addressed before the FASIT can become a practical tool for securitization transactions.

Analysis, Taxation, Capital market, Capital markets, Asset-backed securities, Asset backed securities, Real estate mortgage investment conduits

---

Western Europe: are the opportunities worth the risks?

Article Abstract:

US investors are encouraged to consider investing in the Western European property market. This is because of forecasts of declining inflation and interest rates, stable unemployment rates and rising GDP growth rates. With prudent investment rigor, careful tax and legal structuring and efficient currency management, returns to be earned in this market may well be worth the investment.

Real Estate, Real Estate and Rental and Leasing, Investments, Western Europe, Real property

---

REITs: will the new legislation solve old problems

Article Abstract:

The new real estate investment trusts (REITs) legislation should help them achieve greater profits but the complexity of the rules will likely raise restructuring issues and may not trigger interest in REIT shares.

United States, Securities, Real estate investment trusts

Similar abstracts:

• Abstracts: Residential real estate on the Web: new challenges and new opportunities for real estate professionals. E-commerce is here: can e-mortgages be far behind?
• Abstracts: Italy: land of innovation. Europe's best rev up investments. 1999 top 10 utility companies
• Abstracts: Attractive real estate investment opportunities in Poland. The law and real estate investing in the new Federal States of Germany
• Abstracts: Cutting risk from the equation. Demand takes traditional route. How to follow the logic of logistics

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.