A step-by-step guide to implementing and closing securitization
transactions Securitization is still in wide use despite the reduction
in transactions. The reality is that investors and institutions
continue to use this vehicle for raising funds and the demand for
their use will continue to rise as the world's capital needs increase.
The Mechanics of Securitization specifically analyzes and describes
the process by which a bank successfully implements and closes a
securitization transaction in the post subprime era. This book begins
with an introduction to asset-backed securities and takes you through
the historical impact of these transactions including the implications
of the recent credit crisis and how the market has changed. Discusses,
in great detail, rating agency reviews, liaising with third parties,
marketing the deals, and securing investors Reviews due diligence and
cash flow analysis techniques Examines credit and cash considerations
as well as how to list and close deals Describes the process by which
a bank will structure and implement the deal, and how the process is
project managed and tested across internal bank departments While
securitization transactions have been taking place for over
twenty-five years, there is still a lack of information on exactly how
they are processed successfully. This book will put you in a better
position to understand how it all happens, and show you how to
effectively implement an ABS transaction yourself.
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Produktdetaljer
ISBN
9781118234549
Publisert
2018
Utgave
1. utgave
Utgiver
Vendor
Wiley Professional, Reference & Trade
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter