Smith’s Research & Gradings highlighted a recent HilltopSecurities’ commentary titled A Simple Fix to Keep the American Dream Alive: Carve Housing Bonds Out of the Volume Cap Limitation. The commentary was co-authored by Tom Kozlik, HilltopSecurities’ Head of Public Policy and Municipal Strategy, and Gary Garay, HilltopSecurities’ Head of Municipal Housing Banking .

You can read the Smith’s article on page 5 of its Feb. 24 Municipal Edition.