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securitization has attracted a widespread application of the technique to residential mortgage loan the easiest class of a financial
to obtain an investment credit rating and make the transaction attractive to the investors some type of credit enhancement procedure is
the process of securitization can best be understood by taking the following example assume that there exists an nbfc which has hire
securitization is a financial innovation born out of the necessity the savings and loan associations of the united states of america
the following are considered the major stumbling blocksthe process becomes expensive because of the stamp duty payable it
steps involved in the process of securitizationthe following are the major steps involvedthe lender also called the
securitization refers to conversion of illiquid assets to liquid assets by converting longer duration cash flows into shorter duration
high interest rates in the early 1980s brought about this innovative mortgage arrangement sams use inflation as a way of paying for the
a swiss variable rate mortgage svrm is a version of arm which carries a coupon rate that a bank can change any time giving a
the buy down loan is similar to the pam however it is the seller of the property and not the buyerborrower who places cash in a
pams are so structured that the repayments resemble traditional mortgages from the lenders point of view and resemble gpms from the
non-traditional mortgages also referred to as alternative mortgage instruments amis do not have level monthly payments but employ some
types of mortgages1 traditional mortgages2 non - traditional mortgages3 graduated-payment mortgages gpms4 pledged-account
lenders in the us insist upon some kind of mortgage insurance there are broadly two types of mortgage
a mortgage may be defined as a pledge of property to secure a debt payment in this context we will use the term property
treasuries are the securities that theus government issues for the completion of government projects they are of different types like
emerging market bonds are the bonds offered by less developed countries the government normally issues them these exclude
sovereign debt is a debt instrument guaranteed by the government the other names for sovereign debts are sovereign bonds or government
a debt obligation that is issued and traded both in the us bond market and the eurobond market is referred to as global bond for an
international bonds are the bonds issued in a country by a non-domestic entity in fact it is a collective term used for eurobonds foreign
credit enhancement is a key part of the securitization transaction in structured finance and is important for credit
the financial institutions that originate the loans sell a pool of cashflow-producing assets to a specially created third
when financial assets or bonds are pooled together and offered to the investors for receiving the inflow of funds from these underlying assets
a certificate of deposit cd can be defined as a negotiable promissory note secure and short-term in nature cds are issued at a discount