Securitization Markets Handbook: Issuing and Investing in Morgage and Asset-Backed Securities (Bloomberg Professional) - Hardcover

Reseña del editor

securitization is a corporate funding technique widely adopted by financial and industrial companies to finance both working capital and capital budgets. it is also used as a risk management tool and a source of liquidity.

securitization experts charles stone and anne zissu have put together a practical explanation of how securitization works and explain how future cash flows from various asset classes - from credit card receipts and mortgage payments, to movie royalties - can be packaged into bond-like products and sold to investors. they include descriptions of the major classes of asset-backed securities and offer a practice-oriented commentary on trends in securitization and the value of asset- and mortgage-backed securities across industries and throughout the global markets.

Biografía del autor

charles a stone and anne zissu are the founding editors of the financier and the securitization conduit.