Securitization of Credit: Inside the New Technology of Finance

ISBN-13: 9780471613688 / Angielski / Twarda / 1991 / 288 str.

James Rosenthal; Juan Ocampo

Opis

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, credit securitization has grown rapidly and spread to many other forms of credit, including auto loans, student loans and credit-card balances. Securitization of Credit: Inside the New Technology of Finance is designed to be first guide to this new financial trend, providing tenders and other financial professionals with clear analyses of many actual credit securitization deals.

Spis treści

SECURITIZED CREDIT: THE NEW LENDING TECHNOLOGY.

An Introduction to Credit Securitization.

Overview of Securitized Credit Product Structures.

SECURITIZED CREDIT TRANSACTIONS.

Vehicle Loans.

Credit Card Loans.

Lease Receivables.

Commercial Mortgages.

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.

Index.