In particular, we have seen a marginal shift from sovereign debt towards corporate debt11. In the search for yield, this is understandable. I would emphasise that the prudent person principle under Solvency II expect firms to consider the security, quality, liquidity and profitability of their portfolio when assessing their investment exposures.
But I do believe that the contribution of community banks to mortgage lending abuses was proportionately small and that  16  An escrow account generally is any account that a servicer establishes or controls on behalf of a borrower to collect and pay taxes, insurance premiums, or other charges with respect to a mortgage loan.