In this contributed work, Frank Fabozzi leads a team of experts who detail all aspects of securitization, the process whereby, for example, a loan is converted into a security to increase its liquidity as a financial instrument – a sometimes risky move for intermediaries. Topics included in this collection include: structuring efficient asset-backed transactions; rating structured securities; technology issues in asset-backed securities; the role of the trustee. Fabozzi and his team provide insight and explanation into the basics of securitization as well as more advanced techniques such as nontraditional asset-backed securities, transactional due diligence, and accounting rules and techniques.
Book Details:
- Author: Frank J. Fabozzi
- ISBN: 9780470253472
- Year Published: 1998
- Pages: 184
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
In this contributed work, Frank Fabozzi leads a team of experts who detail all aspects of securitization, the process whereby, for example, a loan is converted into a security to increase its liquidity as a financial instrument – a sometimes risky move for intermediaries. Topics included in this collection include: structuring efficient asset-backed transactions; rating structured securities; technology issues in asset-backed securities; the role of the trustee. Fabozzi and his team provide insight and explanation into the basics of securitization as well as more advanced techniques such as nontraditional asset-backed securities, transactional due diligence, and accounting rules and techniques.
1. The Joy of Securiitzation 2. Structuring Efficient Asset-Backed Transactions 3. Nontraditional Asset Securitization for European Markets 4. Finance Company Transactional Due Diligence 5. Rating Structured Securities 6. The Role of Financial Guarantees in Asset-Backed Securities 7. Accounting for Securization Under FASB125 8. Technology Issues in Asset-Backed Securities 9. The Role of the Trustee in Asset-Backed Securitizations
About the Author
Frank J. Fabozzi is a financial consultant, the editor of the Journal of Portfolio Management, and Adjunct Professor of Finance at Yale University’s School of Management.