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Securitization of Credit

Securitization of Credit PDF Author: James A. Rosenthal
Publisher: John Wiley & Sons
ISBN: 9780471613688
Category : Business & Economics
Languages : en
Pages : 286

Book Description
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.
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