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Securitization of Credit: Inside the New Technology of Finance

ISBN: 978-0-471-61368-8

January 1989

288 pages

Description
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.
About the Author

James A. Rosenthal and Juan M. Ocampo are the authors of Securitization of Credit: Inside the New Technology of Finance, published by Wiley.