performance. Nevertheless, the effect of residential mortgage loans securitization on bank risk appeared to be negative after the … crisis, indicating that the securitization of this type of credit can reduce the bank risk in the detriment of a lower profit …

-specific and macroeconomic factors influencing an institution's securitization decision. CLO issuance seems to be an appropriate …. Controlling for fixed effects, we find that fixed costs of securitization are surmountable also for smaller institutions …. Interestingly, commercial banks seem to use loan securitization to access capital-market based businesses and the associated fee …

This paper provides new insights into the nature of loan securitization. We analyze the use of collateralized loan …-specific and macroeconomic factors may have on an institution's securitization decision. We find that not only regulatory capital … arbitrage under Basel I has been driving the market. Rather, our results suggest that loan securitization is an appropriate …

-specific and macroeconomic factors influencing an institution's securitization decision. CLO issuance seems to be an appropriate …. Controlling for fixed effects, we find that fixed costs of securitization are surmountable also for smaller institutions …. Interestingly, commercial banks seem to use loan securitization to access capital-market based businesses and the associated fee …

This paper provides new insights into the nature of loan securitization. We analyze the use of collateralized loan …-specific and macroeconomic factors may have on an institution's securitization decision. We find that not only regulatory capital … arbitrage under Basel I has been driving the market. Rather, our results suggest that loan securitization is an optimal funding …

This paper provides new insights into the use of loan securitization. We analyze collateralized loan obligation (CLO … factors may have on an institution's securitization decision. Our results suggest that loan securitization is an appropriate …

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 …