A new securitization vehicle could make it easier for banks to build up their home equity lending. The door-opener is called a Fasit, or financial asset securitization investment trust.

The structure offers tax relief to issuers and originators of various consumer and commercial loans in much the same way as the real estate mortgage investment conduit, or Remic, removed tax obstacles for first-lien residential mortgage lenders in the 1980s.

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