theoretical models and a survey of institutions involved in securitization. With the conclusions of this analysis we evaluate the …

understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main … to securitize that are in line with observable behavior of market participants. US banks use securitization mainly as … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed …

securitization or if they choose vertical slice retention instead of retaining the equity tranche. Moreover, the relevance of credit …

securitizers unrestricted by regulations governing traditional lending and securitization. Eager to take profits in an originate …

This paper examines the financial stability implications arising from securitization markets, with one eye on the past … industry developments in the years before the crisis. Emphasis is placed on the various ways in which securitization markets … securitization markets are then discussed, including a treatment of various regulatory initiatives, the operational infrastructure of …