A Primer on Securitization introduces readers to America's newest system of raising capital: what it is, how it operates, and what difference securitization mak
"This book fills a very important gap in the mindset of the bond structurer and the investor. Often, the two disciplines approach their tasks ignorant of the pe
A step-by-step guide to implementing and closing securitization transactions Securitization is still in wide use despite the reduction in transactions. The real
Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market partic