Securitization of Credit
Author | : James A. Rosenthal |
Publisher | : John Wiley & Sons |
Total Pages | : 286 |
Release | : 1991-01-16 |
ISBN-10 | : 0471613681 |
ISBN-13 | : 9780471613688 |
Rating | : 4/5 (688 Downloads) |
Download or read book Securitization of Credit written by James A. Rosenthal and published by John Wiley & Sons. This book was released on 1991-01-16 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.