Albertazzi, Ugo; Eramo, Ginette; Gambacorta, Leonardo; … - Banca d'Italia - 2011
Europe. Information on over a million mortgages consists of loan-level variables, characteristics of the originating bank and …, most importantly, contractual features of the securitization deal, including the seniority structure of the ABSs issued by … suggests that banks can effectively counter the negative effects of asymmetric information in the securitization market by …