We investigate whether the securitization of corporate loans affected banks' lending standards. We find that during the …

lending" and describing the process of securitization, it argues that securitizing subprime loans has many dangers. While some … have claimed that securitizing loans lowers loan costs to borrowers, the reverse might be true and securitization may … actually increase the costs of loans to borrowers. This testimony states that securitization undermines loan underwriting. As …

We develop a framework to explore the effect of credit ratings on loan origination and securitization. In the model …