Loan securitization has become a widely used method for consolidating collections of loans into financial instruments with sufficiently stable statistical properties that they can be freely traded. In recent years the concept has been generally extended, creating a class of asset backed securities, financial instruments which are created from a wide variety of loan sources, including credit car...

The United States (U.S.) is the only country in world which 30-year fixed rate residential mortgage dominant home product. After reviewing offerings from a sample of countries to contrast their differences U.S. market, key differential driving market active encouragement by government policy. This reinforcing promotion provided and “quasi” institutions that guarantee after-market. coupled with ...

The …nancial crisis has raised some concern about the quality of information available on some traded assets on the securities markets to market participants and regulators. Asset-backed securitization in general got partial blame for the paucity of liquidity on bank balance sheets and the consequent credit crunch. After the Asset-Backed Security (ABS) market fell to near inactivity in 2009, th...