Tax Lien Securitization: Opportunities and Risks

December 15, 2010
The economic downturn has coincided with increased interest in municipal property tax receivables as an asset class for securitization. With U.S. jurisdictions selling billions of dollars of delinquent property tax receivables each year, the asset class remains a lucrative opportunity for those who master its challenges. This update explains the basics of tax lien securitization and explores certain risks and recent legal developments that apply to this market.