Sing, Tien Foo; Ong, Seow Eng; Fan, GangZhi; Sirmans, C. F. - In: The Journal of Real Estate Finance and Economics 28 (2004) 2_3, pp. 235-253
Asset-backed securitization (ABS) is a relatively new financial instrument in Singapore's capital market, which has been accepted by developers (originators) as an alternative source of financing. Credit assessment and rating requirements have not been imposed on the ABS bond issues....