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Securitization of Credit: Inside the New Technology of Finance (Hardcover)

by James A. Rosenthal (Author), Juan M. Ocampo (Author) "Superconductors, gene-splicing, artificial intelligence, robotic-driven manufacturing-daily we hear of new technologies that are making old standards obsolete and delivering products and services once thought impossible..." (more)

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Product details

Hardcover: 288 pages
Publisher: John Wiley & Sons (26 Oct 1988)
Language English
ISBN-10: 0471613681
ISBN-13: 978-0471613688
Product Dimensions: 23.7 x 16 x 2.5 cm
Average Customer Review: No customer reviews yet. Be the first.
Amazon.co.uk Sales Rank: 1,080,250 in Books (See Bestsellers in Books)

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Product Description

Product 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.

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Superconductors, gene-splicing, artificial intelligence, robotic-driven manufacturing-daily we hear of new technologies that are making old standards obsolete and delivering products and services once thought impossible. Read the first page

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