Securitization of Credit Inside the New Technology of Finance
, by Rosenthal, James A.; Ocampo, Juan M.Note: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780471613688 | 0471613681
- Cover: Hardcover
- Copyright: 1/16/1991
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.