Fishman, Michael J.

A Primer on Securitization. - 1st ed. - 1 online resource (200 pages) - The MIT Press Series . - The MIT Press Series .

Intro -- Contents -- Preface -- Contributors -- 1 Securitization: A New Era in American Finance -- 2 Securitization's Role in Housing Finance -- 3 The Origins of Securitization, Sources of Its Growth, and Its Future Potential -- 4 The Securitization of Commercial Property Debt -- 5 How Public Corporations Use Securitization in Meeting Financial Needs -- 6 The Contributions of the Resolution Trust Corporation to the Securitization Process -- 7 The Role of Rating Agencies in the Securitization Process -- 8 The Workings of Private Mortgage Bankers and Securitization Conduits -- 9 Securitization from the Investor View -- 10 The Role of Pension Funds and Other Investors in Securitized Debt Markets -- 11 The Place of Securitization in the Financial System -- 12 The Use of Securitization by Investors and Issuers in International Markets -- 13 A Case Study in International Securitization -- 14 The Risks, Potential, and Promise of Securitization -- Suggested Readings -- Index.

A Primer on Securitization introduces readers to America's newest system of raising capital: what it is, how it operates, and what difference securitization makes.

9780262276986


Asset-backed financing -- Congresses.


Electronic books.

HG4028.A84 -- P75 1996eb

658.15