The first guide to this new financial trend. Credit securitization (also known as asset securitization) is a financial technology for packaging, underwriting, and selling loans in the form of securities. First used in packaging mortgage loans (as in the case of GNMA and other federally insured mortgage-backed securities), credit securitization has grown rapidly and spread to other forms of credit, including auto loans, student loans, credit-card balances, and so on. This book provides lenders and other financial professionals with clear analyses of many actual credit securitization deals. Includes much information unavailable elsewhere.
SECURITIZED CREDIT: THE NEW LENDING TECHNOLOGY.
An Introduction to Credit Securitization.
Overview of Securitized Credit Product Structures.
SECURITIZED CREDIT TRANSACTIONS.
Credit Card Loans.
Nonconforming Residential Mortgages.
Receivables-Backed Commercial Paper Programs.
PERSPECTIVE ON SECURITIZATION.
The Future of Credit Securitization.
Appendix A: Methodology for Financing Cost Calculations.
Appendix B: List of Securitized Credit Transactions.
Number Of Pages: 288
Published: 9th August 1988
Country of Publication: US
Dimensions (cm): 23.7 x 15.9
Weight (kg): 0.5
Edition Number: 1