Rethinking the regulatory treatment of securitization
نویسندگان
چکیده
منابع مشابه
The Securitization Flash Flood
What caused the flood of securitized products in the years immediately preceding the crisis? This paper presents evidence that demand for safe collateral in repo markets made it attractive for financial institutions to issue securitized products. Using the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) as a natural experiment that shocked the demand for collateral, this p...
متن کاملsecuritization of mortality risks in life annuities
insurers have in the past few decades faced longevity risks - the risk that annuitants survive more than expected - and therefore need a new approach to manage this new risk. in this dissertation we survey methods that hedge longevity risks. these methods use securitization to manage risk, so using modern financial and insurance pricing models, especially wang transform and actuarial concepts, ...
15 صفحه اولThe Economics of Asset Securitization
sset securitization — transforming illiquid assets into tradable securities — is a large and growing market, even rivaling the corporate debt market in size. While the underlying assets can be very different — ranging from song royalties to home mortgages — most asset-backed securities nevertheless share some distinctive features. In “The Economics of Asset Securitization,” Ronel Elul explains ...
متن کاملRethinking glioma treatment strategy
Over the past decade, deep molecular analysis has revealed that many cancers, including glioblastomas (GBMs), can be subdivided in several subtypes according to genetic and/or transcriptomal similarity. These subtype classifications have given significant insight into tumor biology and provided encouragement for targeted therapeutic strategies. In fact, molecular target therapies have conferred...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Financial Stability
سال: 2014
ISSN: 1572-3089
DOI: 10.1016/j.jfs.2012.10.002