Introduction to securitization /
Frank J. Fabozzi, Vinod Kothari.
- Hoboken, N.J. : Wiley, 2008.
- xvii, 366 p. : ill. ; 24 cm.
- The Frank J. Fabozzi series .
Includes bibliographical references (p. 343-347) and index.
Introduction -- Issuer motivation for securitizing assets and the goals of securitizing -- Structuring agency MBS deals -- Structuring nonagency deals -- Credit enhancements -- Use of interest rate derivatives in securitization transactions -- Operational issues in securitization -- Collateral classes in ABS : retail loans -- Asset-backed commercial paper conduits and other structured vehicles -- Securitization of future cash flows : future revenues, operating revenues, and insurance profits -- Introduction to collateralized debt obligations -- Types of collateralized debt obligations -- Structuring and analysis of CDOs -- Benefits of securitization to financial markets and economies -- Concerns with securitization's impact on financial markets and economies.