INTRODUCTION TO SECURITIZATION FABOZZI PDF

The authors present a comprehensive overviewof the topic based on the experience they have gathered throughyears of interaction with practitioners and graduate studentsaround the world. The authors offer coverage of such key topics as:structuring agency MBS deals and nonagency deals, creditenhancements and sizing, using interest rate derivatives insecuritization transactions, asset classes securitized, operationalrisk factors, implications for financial markets, and applyingsecuritization technology to CDOs. Securitization is a financial technique that pools assetstogether and, in effect, turns them into a tradable security. Theend result of a securitization transaction is that a corporationcan obtain proceeds by selling assets and not borrowing funds. Inreal life, many securitization structures are quite complex andenigmatic for practitioners, investors, and finance students.

Author:Shakora Dotaur
Country:Philippines
Language:English (Spanish)
Genre:Relationship
Published (Last):18 August 2010
Pages:272
PDF File Size:14.8 Mb
ePub File Size:14.26 Mb
ISBN:912-8-20079-226-4
Downloads:28422
Price:Free* [*Free Regsitration Required]
Uploader:Garg



Поделиться: Аннотация Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans.

The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world. The authors offer coverage of such key topics as: structuring agency MBS deals and nonagency deals, credit enhancements and sizing, using interest rate derivatives in securitization transactions, asset classes securitized, operational risk factors, implications for financial markets, and applying securitization technology to CDOs.

Securitization is a financial technique that pools assets together and, in effect, turns them into a tradable security. The end result of a securitization transaction is that a corporation can obtain proceeds by selling assets and not borrowing funds.

In real life, many securitization structures are quite complex and enigmatic for practitioners, investors, and finance students. Typically, books detailing this topic are either too lengthy, too technical, or too superficial in their presentation.

Authors Frank Fabozzi and Vinod Kothari, internationally recognized experts in the field, clearly define securitization, contrast it with corporate finance, and explain its advantages.

They carefully illustrate the structuring of asset-backed securities ABS transactions, including agency mortgage-backed securities MBS deals and nonagency deals, and show the use of credit enhancements and interest rate derivatives in such transactions.

They review the collateral classes in ABS, such as retail loans, credit cards, and future flows, and discuss ongoing funding vehicles such as asset-backed commercial paper conduits and other structured vehicles. And they explain the different types of collateralized debt obligations CDOs and structured credit, detailing their structuring and analysis. To complement the discussion, an introduction to credit derivatives is also provided.

While questions about the contribution of securitization have been tainted by the subprime mortgage crisis, it remains an important process for corporations, municipalities, and government entities seeking funding. The significance of this financial innovation is that it has been an important form of raising capital for corporations and government entities throughout the world, as well as a vehicle for risk management.

Introduction to Securitization offers practitioners and students a simple and comprehensive entry into the interesting world of securitization and structured credit. Полная версия.

EXECCOMMAND SAVEAS PDF

Introduction to Securitization

Main Introduction to Securitization Frank J. Fabozzi Series Frank J. Fabozzi , Vinod Kothari Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans. The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world.

CTE HE3 PDF

Introduction to Securitization | Kothari Vinod, Fabozzi Frank J.

Поделиться: Аннотация Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans. The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world. The authors offer coverage of such key topics as: structuring agency MBS deals and nonagency deals, credit enhancements and sizing, using interest rate derivatives in securitization transactions, asset classes securitized, operational risk factors, implications for financial markets, and applying securitization technology to CDOs. Securitization is a financial technique that pools assets together and, in effect, turns them into a tradable security. The end result of a securitization transaction is that a corporation can obtain proceeds by selling assets and not borrowing funds. In real life, many securitization structures are quite complex and enigmatic for practitioners, investors, and finance students. Typically, books detailing this topic are either too lengthy, too technical, or too superficial in their presentation.

EPILOGUE THE DARK DUET CJ ROBERTS PDF

Introduction to Securitization (Frank J. Fabozzi Series)

.

GOBAN KLAS KOMUNIKOWANIE MASOWE PDF

Follow the Author

.

Related Articles