(assets) into securities typically by transferring them (as by sale) to a special trust, partnership, or corporation that issues them as securities with a resulting reallocation or reduction of risk and increase in liquidity for the company (as a bank) acting as the sponsor of the transaction...
Securitization is the process of integration and differentiation: The entity that securitizes its assets first pools them together into a common hotchpot (assuming it is not one asset but several assets, as is normally the case). This process of integration. Then, the pool itself is broken int...
Transfer Process:After the identification process is over the selected pool of assets are then ‘passed through’ to another institution which is ready to help the originator to convert those pools of assets onto securities. This institution is called special purpose vehicle (SPV) or the trust. ...
assets, by the General Partner, the Borrower or any other Subsidiary thereof other than any transfer of such assets (i) being substituted for any asset previously transferred pursuant to customary and reasonable repurchase and substitution obligations resulting from the breach of representations, ...
In the process of securitization of assets, in order to reduce financing costs, in many cases, sponsors often employ credit rating agencies (rating agency) on securities credit ratings. 翻译结果4复制译文编辑译文朗读译文返回顶部 asset securitization in the process, to reduce financing costs, and in...
of its Subsidiaries) and (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets (whether now existing or arising in the future) of the Company or any of its Subsidiaries, and any assets related ...
activities, such as the origination or acquisition of assets that it securitizes.” A securitization participant will have to satisfy certain conditions to engage in hedging activities, which conditions are set forth in Section (b)(1)(ii) of the final rule....
Securitization is all about isolation of assets that would liquidate investors' claims. Assets, however, are inanimate. The process of transforming assets into cash flows, and transmitting those cash flows to investors needs the interference of one or more entities. The originator, in a servicer ...
For investors, securitization is often associated with specific assets: fixed-income instruments sellable as securities made from loans and other assets that have expected future cash flows, like the interest a homeowner pays on a mortgage. Below, we focus on and explore this meaning. How Does S...
the cash flows from the underlying pool of assets are transferred to investors. The SPV issues securities, known as pass-through (or flow-through) certificates, which represent an undivided interest in the pool of assets (i.e., there are no tranches). As borrowers make payments on the under...