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.
Contents: An Introduction to Credit Securitization; An Overview of Securitized Credit Product Structures; Vehicle Loans; Credit Card Loans; Lease Receivables; Commercial Mortgages; Nonconforming Residential Mortgages; Receivables-Backed Commercial Paper Programs; The Future of Credit Securitization. Index. Appendixes.