Securitization is the process whereby financial assets are pooled together, with their cash flows, and sold to a specially created third party that has borrowed money to finance the purchase. The borrowed funds are raised through the sale of securities, in the form of debt instruments, into the market. Securitization is thus a technique used to transform illiquid assets into securities. Securitization creates value by increasing liquidity and funding, reducing the cost of funding, allowing originators to reach a funding sources diversification, improving originators’ risk management, increasing the segmentation between the origination and investment functions, and allowing originators to benefit from regulatory (and/or tax) arbitrage and t...
Securitization, a structured process involving the transformation of illiquid assets into marketable...
Since the inception of the 2007-2008 financial crisis, there has been increased interest on how to r...
The Article examines assumptions behind literature that uncritically assumes that securitization tra...
This paper surveys the literature examining securitization. Besides describing the economic motivati...
This paper surveys the literature examining securitization. Besides describing the economic motivati...
Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovatio...
Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovatio...
What is securitization? As the title of this chapter suggests, securitization has many names, and, a...
What is securitization? As the title of this chapter suggests, securitization has many names, and, a...
The paper presents securitisation technology as a source of capital. Securitisation can be defined ...
On some financial markets commercial bank loan capacity is largely dependent upon foreign funding, ...
Prior to the Global Financial Crisis in 2008, securitization has been widely perceived as a way to d...
Prior to the Global Financial Crisis in 2008, securitization has been widely perceived as a way to d...
Securitization, a structured process involving the transformation of illiquid assets into marketable...
Until the late 1980s, asset securitisation was an US-American finance technique. Meanwhile this tech...
Securitization, a structured process involving the transformation of illiquid assets into marketable...
Since the inception of the 2007-2008 financial crisis, there has been increased interest on how to r...
The Article examines assumptions behind literature that uncritically assumes that securitization tra...
This paper surveys the literature examining securitization. Besides describing the economic motivati...
This paper surveys the literature examining securitization. Besides describing the economic motivati...
Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovatio...
Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovatio...
What is securitization? As the title of this chapter suggests, securitization has many names, and, a...
What is securitization? As the title of this chapter suggests, securitization has many names, and, a...
The paper presents securitisation technology as a source of capital. Securitisation can be defined ...
On some financial markets commercial bank loan capacity is largely dependent upon foreign funding, ...
Prior to the Global Financial Crisis in 2008, securitization has been widely perceived as a way to d...
Prior to the Global Financial Crisis in 2008, securitization has been widely perceived as a way to d...
Securitization, a structured process involving the transformation of illiquid assets into marketable...
Until the late 1980s, asset securitisation was an US-American finance technique. Meanwhile this tech...
Securitization, a structured process involving the transformation of illiquid assets into marketable...
Since the inception of the 2007-2008 financial crisis, there has been increased interest on how to r...
The Article examines assumptions behind literature that uncritically assumes that securitization tra...