Before the crisis, securitization markets were an important conduit of credit to the household and business sectors; some have referred to these markets as the "shadow banking system." Securitization markets (other than those for mortgages guaranteed by the government) were virtually shut down in the crisis, eliminating an important source of credit.
7 To address this  6  The programs for money market funds are the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, or AMLF, and the Money Market Investor Funding Facility, or MMIFF. 7  The shutdown of these markets was traced, in part, to broad concerns about the risks of structured products, particularly those backed by nonprime mortgages.