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Persistent link: https://www.econbiz.de/10009405171
improved access to securitization as a form of market-based financial intermediation. The practical implication would be a … article also examines how credit risk transfer and regulatory incentives to securitization will be re-assessed beyond the …
Persistent link: https://www.econbiz.de/10013124791
securitization practices had a prominent role. The securitization of assets, especially, mortgage loans, is a form a financial … securitization of loans, banks may transfer the credit risk to the final investors and, therefore, they have no incentive to make a … strict assessment of the risk of insolvency. In this context, it seems that securitization of the sub-prime mortgages …
Persistent link: https://www.econbiz.de/10013157922
This paper analyzes the risk properties of typical asset-backed securities (ABS), like CDOs or MBS, relying on a model with both macroeconomic and idiosyncratic components. The examined properties include expected loss, loss given default, and macro factor dependencies. Using a two-dimensional...
Persistent link: https://www.econbiz.de/10013158385
that banks used this form of securitization to concentrate, rather than disperse, financial risks in the banking sector …
Persistent link: https://www.econbiz.de/10013148006
Persistent link: https://www.econbiz.de/10009737967
that banks used this form of securitization to concentrate, rather than disperse, financial risks in the banking sector …
Persistent link: https://www.econbiz.de/10012462921
This paper analyzes the risk properties of typical asset-backed securities (ABS), like CDOs or MBS, relying on a model with both macroeconomic and idiosyncratic components. The examined properties include expected loss, loss given default, and macro factor dependencies. Using a two-dimensional...
Persistent link: https://www.econbiz.de/10003878794
This article describes the Basel II capital rules for securitization exposures, explaining the considerations that …
Persistent link: https://www.econbiz.de/10014175590
Persistent link: https://www.econbiz.de/10014179099