- Book
- April 2016
- 632 Pages
- Book
- November 2014
- 192 Pages
Securitization is a financial process in which assets are pooled together and converted into marketable securities. These securities are then sold to investors, who receive a stream of payments from the underlying assets. Securitization is used to raise capital for a variety of purposes, including financing mortgages, auto loans, and student loans.
Securitization is a complex process that involves a number of different parties, including originators, underwriters, trustees, and investors. Originators are responsible for creating the pool of assets and selling them to the underwriters. Underwriters then package the assets into securities and sell them to investors. Trustees are responsible for overseeing the securitization process and ensuring that investors receive their payments.
Some of the major players in the securitization market include Goldman Sachs, JPMorgan Chase, Citigroup, Bank of America, and Morgan Stanley. These companies are involved in a variety of securitization activities, including mortgage-backed securities, asset-backed securities, and collateralized debt obligations. Show Less Read more