1.

Record Nr.

UNINA9910818420003321

Autore

Fabozzi Frank J

Titolo

Introduction to securitization / / Frank J. Fabozzi, Vinod Kothari

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2008

ISBN

9786611744359

9781281744357

1281744352

9781118266892

1118266897

9780470403273

0470403276

Edizione

[1st edition]

Descrizione fisica

1 online resource (386 p.)

Collana

The Frank J. Fabozzi series

Altri autori (Persone)

KothariVinod

Disciplina

332.63/2

Soggetti

Asset-backed financing

Securities

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 343-347) and index.

Nota di contenuto

Introduction -- Issuer motivation for securitizing assets and the goals of securitizing -- Structuring agency MBS deals -- Structuring nonagency deals -- Credit enhancements -- Use of interest rate derivatives in securitization transactions -- Operational issues in securitization -- Collateral classes in ABS : retail loans -- Asset-backed commercial paper conduits and other structured vehicles -- Securitization of future cash flows : future revenues, operating revenues, and insurance profits -- Introduction to collateralized debt obligations -- Types of collateralized debt obligations -- Structuring and analysis of CDOs -- Benefits of securitization to financial markets and economies -- Concerns with securitization's impact on financial markets and economies.

Sommario/riassunto

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, ass