Can Special Purpose Vehicles help alleviate the Housing Crisis?

Tom Healy 30/01/2017

A Special Purpose Vehicle (SPV) is a technical term that refers to a wide variety of arrangements where a financial entity is established for a ‘special purpose’ as the title suggests. The National Asset Management Agency is a type of SPV set up to buy distressed assets from bust banks and seek to work off these loans over time and recoup some …