You have probably heard of securitization. It’s a way of turning non-financial assets into liquid securities that investors can buy and sell. Despite its role in the market crash of 2008 and ...
Mortgage-backed and asset-backed securities are beginning to feel the effects of quarantines and social distancing as people spend – and earn – less money. Our Finance Group explores the basic ...
Following the financial crisis of 2007-2009 and congressional investigations into the securitization market, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 prohibited ...
Securitization is better established in some countries than in others. For many financial institutions (and some corporates) in Mexico, Turkey and Korea, for example, securitization is a well-worn ...
When you borrow money to buy a home, your loan is almost always “securitized.” Pope Francis recently railed against complex financial securities. Although he did not condemn all securitization, he ...
We have described the basic process of securitization, and the major participants involved in the securitization of financial assets. But what kind of assets can be securitized? Assets that generate ...
Your company's accounts receivable balance represents money owed to you by your customers. As many business people can attest, receivables can take a long time to turn into cash, and a portion may ...
Over the past couple of weeks, the implosion of a couple of internal hedge funds at Bear Stearns (NYSE:BSC) has sent small ripples through a somewhat complacent market. The hedge funds' problems were ...
This post was co-written by Sagatom Saha, research associate for energy and foreign policy at the Council on Foreign Relations. But as the focus of the industry moves beyond Yieldcos, another example ...