Template:Covered bond - FWMD

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Covered bond

“The Volvo of ABS. Boxey — but safe.”

Docs	Prospecti, trust deeds, indentures, fiscal agency arrangements, process agent appointment letters, security documents: Juicy ground for willing attorneys 7	{{{docscore}}}
Amendability	Low. But usually little need. 2	{{{amendscore}}}
Collateral		{{{collateralscore}}}
Transferability	Pretty good. 8	{{{transferscore}}}
Leverage	Nope fully funded. 0	{{{leveragescore}}}
Fright-o-meter	Well it's mortgage backed so there's a little squeaky bummism there but basically snoresville. 3	{{{frightscore}}}