Securitizing Residential Mortgages in Sweden PDF Download

Author:
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Category :
Languages : en
Pages : 68

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Author:
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Category :
Languages : sv
Pages : 59

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Author: Andrew Davidson
Publisher: John Wiley & Sons
ISBN: 0471690015
Category : Business & Economics
Languages : en
Pages : 576

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"This book fills a very important gap in the mindset of the bond structurer and the investor. Often, the two disciplines approach their tasks ignorant of the perspectives of the other side. But successful structuring requires providing the best value to investors in order to compete, and investors who don’t fully understand structuring will not remain investors for long. Highly recommended!" —Bennett W. Golub, Managing Director, BlackRock, Inc. "An excellent primer on asset securitization, clearly written in plain English and with straightforward mathematical expressions. This book is suitable for both business school students and structured finance market practitioners." —Joseph Hu, PhD, Managing Director, Structured Finance Ratings, Standard & Poor’s "In their new work Securitization: Structuring and Investment Analysis, Andrew Davidson et al. reinforce their preeminence in the alchemy of mortgage securitization. Anyone involved in mortgages neglects Andy’s work at his peril." —Richard T. Pratt, Chairman, Richard T. Pratt Associates; Former Chairman, Merrill Lynch Mortgage Corporation "This book provides an insightful and accessible exploration of securitized real estate markets. As such, it provides a valuable service to those active and interested in these burgeoning markets. The authors have done a wonderful job of gracefully integrating a vast and important subject matter. Accordingly, this book also makes for an excellent textbook for those universities offering one or more courses in this rapidly growing field." —Joseph L. Pagliari, Jr., Kellogg School of Management, Northwestern University

Author:
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Category : Electronic government information
Languages : en
Pages : 64

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Author: Sweden. Inrikesdepartementet
Publisher:
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Category : Housing
Languages : en
Pages : 60

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Author: David Lewis Cohen
Publisher:
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Category : Housing
Languages : en
Pages : 50

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Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1475554613
Category : Business & Economics
Languages : en
Pages : 61

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This paper discusses the findings of the Financial System Stability Assessment for Sweden. The Swedish financial system is large and highly interconnected, putting a premium on the accompanying policy framework. Relative to the size of the domestic economy, the financial system is among Europe’s largest. It features complex domestic and international linkages, reflecting Sweden’s role as a regional financial hub. However, the macrofinancial risks have grown since 2011, for example the rising share of highly indebted households. Stress tests also suggest that banks and nonbanks are largely resilient to solvency shocks, but concerns persist about the ability of bank models to capture unexpected losses.

Author: Vinod Kothari
Publisher: John Wiley & Sons
ISBN: 0470821957
Category : Business & Economics
Languages : en
Pages : 1025

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Get a thorough explanation of the nuances of securitization in the global business market with this comprehensive resource. Synthetic securitization and structured products are revolutionizing the financial industry and changing the way banks, institutional investors, and securities traders do business both domestically and globally. Written by a top international trainer and expert on securitization, this book is an ideal way for all market practitioners, whether investors, bankers, or analysts, to ensure they understand the ins and outs of this practice.

Author: John Deacon
Publisher: John Wiley & Sons
ISBN: 0470870532
Category : Business & Economics
Languages : en
Pages : 688

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"This is an essential book for any practitioner, researcher or student of securitisation - concise and accurate coverage of the key aspects of securitisation on all the main and secondary markets of the world." ?Alexander Batchvarov, Managing Director, International Structured Product Strategy, Merrill Lynch, London. "John Deacon's original book became the leading textbook for those genuinely interested in gaining a profound and detailed understanding of the arcane world of securitisation. The new, updated version confirms John's status as the top writer in this sector. Securitisation has moved on, becoming ever more complex in both its detail and its variety, but John's book never fails to deal with all the intellectual challenges posed, in a clear, logical and comprehensive fashion. A must for all practitioners- ? I thoroughly enjoyed it." ?Robert Palache, Managing Director, Head of European Infrastructure Finance and Corporate Securitisation, Barclays Capi tal "Deacon?s book is an unparalleled treatise on all aspects of asset securitisation and CDOs and is ideal for use by both experienced market practitioners and by those new to the seemingly ever-expanding world of securitisation. The book comprehensively outlines the various structures encountered, ranging from true sale and future flow financings to synthetics and whole business, addressing not only the framework of the structures but also the regulatory and accounting implications. A must have reference book." ?David Newby, Executive Director, ABN AMRO BANK N.V., Head of UK and Irish Securitisation, Head of European Commercial Real Estate Securitisation Synthetic credit derivatives technology, CDOs, the covered bond market, the mortgage-backed market and M&A financing have all come together to make securitization the fastest growing and most flexible area of the global credit markets. This authoritative work looks at the recent synthetic structures and credit derivatives used in CDOs and at the new Basel Capital Accord and addresses the framework of these structures as well as the regulatory and accounting implications. You'll find truly global insights, coverage of both the financial and legal aspects of securitization, and a glossary of market and legal terminology. Order your copy of this comprehensive update on the development of securitization today!

Author: Harold Keller
Publisher: diplom.de
ISBN: 3832499326
Category : Business & Economics
Languages : en
Pages : 150

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Inhaltsangabe:Summary: In order to ensure that the mortgage market remains buoyant, lenders require constant access to sufficient funds. Traditionally, mortgage lenders rely on retail deposits, mortgage covered bonds or dedicated savings to provide this source of funding. However, those providers who do not have the luxury of an established and reliable retail deposit base, or high credit rating necessary for cheap money market credit, are forced to think of alternatives. Securitization of originated mortgage loans can provide the answer. Financial institutions that originate loans are able to turn their loans into marketable securities through a process known as securitization. The originators of the loans are commonly referred to as the issuers of asset-backed securities (ABS). ABS constitute a relatively new but fast growing segment of the debt markets in Europe. The combination of a number of legal and economic factors has provided a favorable climate for securitization in Europe, especially in the United Kingdom (UK) and in its country of origin, the United States (US). In turn, these countries have experienced considerable growth in securitization volumes over the past years. In contrast, due to a weak economy and an unfavorable legal, tax and regulatory environment the German securitization market was not able to develop in much the same way. However, the German economy has started to recover in the current year and is forecasted to continue growing in 2007. This economic growth will in turn drive the domestic mortgage demand. In addition, based on the state and structure of the German mortgage market it is becoming increasingly attractive for foreign investors. Thus, both the economic recovery and an increased mortgage demand will drive the funding requirements of German banks. Moreover, the significance of securitization as an alternative refinancing instrument for residential mortgages is likely to grow, not least because the elimination of the legal, tax and regulatory hurdles has enhanced the attractiveness of true-sale securitization in Germany. The title of the thesis is called, Mortgage Backed Securities - A New Source of Financing Retail Mortgages for German Banks. As raising finance is elementary to the growth and profitability of banks, the hypothesis of the thesis inevitably boils down to the question, whether the application of mortgage backed securities (MBS) increases the ability of German banks to raise finance for [...]