• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Monetizing the Debt - Federal Reserve Bank of St. Louis
Monetizing the Debt - Federal Reserve Bank of St. Louis

Introduction to Stripped Yield
Introduction to Stripped Yield

...  About half the traded issues have a floating coupon  Fixed- and floating-rate issues trade side by side and are purchased by the same investors  “Unusual” features are common  Many bonds have principal collateral and rolling interest guarantees ...
Powerpoint of Housing Crisis/Economics
Powerpoint of Housing Crisis/Economics

A CRITIQUE OF THE QUANTITY THEORY OF MONEY
A CRITIQUE OF THE QUANTITY THEORY OF MONEY

... was destroying society’s capital, has been ignored. The budding financial crisis was explained away through ad hoc reasoning, such as blaming it on loose credit standards, subprime mortgages, and the like. Nothing was done to stop the real cause of the disaster, the fast-breeder of debt. On the cont ...
Generation Y`s steep financial hurdles: Huge debt, no savings
Generation Y`s steep financial hurdles: Huge debt, no savings

... But many who are just graduating from college are having trouble starting out with an entry-level job in their field. Some can find only unpaid internships. And because entry-level jobs generally offer low pay, graduates who are overwhelmed with debt may have to seek better-paying, non-professional ...
Document
Document

... Home value goes down From $35000 to $25,885 ...
CIBC Q2 Investor Presentation
CIBC Q2 Investor Presentation

Mortgage Rates Notch Higher
Mortgage Rates Notch Higher

Form ORSM1 - Account Of Receipts And Payments And Statement
Form ORSM1 - Account Of Receipts And Payments And Statement

Selecting sources of finance for business
Selecting sources of finance for business

... working capital requirements are expected to grow by 10% in the coming year. The corporation tax bill is expected to be $120m. Tax and dividends are paid nine months after the year end. Required: Calculate ABC’s expected net cash flow for the year ending 30 June 20X4 without the new investment. Com ...
Aberdeen Global - Indian Bond Fund
Aberdeen Global - Indian Bond Fund

... Variable (a “SICAV”). The information contained in this marketing document is intended to be of general interest only and should not be considered as an offer, or solicitation, to deal in the shares of any securities or financial instruments. Aberdeen Global has been authorized for public sale in ce ...
SECURITIES AND EXCHANGE COMMISSION Washington, D.C.
SECURITIES AND EXCHANGE COMMISSION Washington, D.C.

... PURCHASE, N.Y., July 19, 2002 – PepsiCo announced today that its Board of Directors has authorized the company to buy back up to $5 billion of common stock over the next three years. The new program goes into effect immediately, and PepsiCo said it expects to begin buying back shares next week. Peps ...
Chapter 22: Borrowing Models Simple Interest
Chapter 22: Borrowing Models Simple Interest

... Simple Interest  Borrowing  One side of consumer finance is saving money, and the other side is borrowing money—both involve interest accumulation.  If a consumer wants to buy a large item but does not have the money to pay for it, he/she may choose to borrow the money, which will result in havin ...
2017 2018 policy i borrowing framework policy
2017 2018 policy i borrowing framework policy

... A Bond is an instrument used by Government and Parastatals such as Telkom, Eskom, Transnet, Corporates and Municipalities to raise loan capital on the open market. Bond holders have the right to interest, usually paid on a semi annual basis, and the repayment of the capital amount reflected on the s ...
The Trialogue on Key Information Documents for Investment Products
The Trialogue on Key Information Documents for Investment Products

... Deutsches Aktieninstitut follows the legislative process on “Key information documents for investment products” with close interest. We expressed our concern against the extension of the regulation’s scope to financial instruments which are not “packaged” – e.g. corporate bonds and shares. Such an e ...
Falling US Mortgage Rates
Falling US Mortgage Rates

... Economic jitters have pushed mortgage rates back down to levels not seen since July. That's good news both for procrastinators who missed out on last year's refinancing boom and for home buyers looking to keep costs down. Rates on 30-year fixed rate mortgages currently average 5.82 percent, accordin ...
Financial Ratios and Meanings
Financial Ratios and Meanings

... Meaning: Measures the ability to meet current obligations in a timely manner. A healthy current ratio is greater than 2. Improve by: Increase current assets by increasing profit, selling additional capital stock, borrowing additional long term debt, or disposing of unproductive fixed assets and reta ...
Well Worth Saving: How the New Deal Safeguarded Home Ownership
Well Worth Saving: How the New Deal Safeguarded Home Ownership

What s the alternative: five reasons to move away from the mainstream
What s the alternative: five reasons to move away from the mainstream

The origins of the financial crisis: Crash course | The Economist
The origins of the financial crisis: Crash course | The Economist

Financial Crises: Mechanisms, Prevention, and Management
Financial Crises: Mechanisms, Prevention, and Management

File: ch01, Chapter 1: The Nature of Investments
File: ch01, Chapter 1: The Nature of Investments

Understanding Your Credit Report
Understanding Your Credit Report

... report. "Hard" inquiries are ones that you initiate when you fill out a credit application, and "soft" inquiries are generated in two ways: by promotional companies that want to pre-qualify you for an offer, and by current creditors who are looking in on your account. Your credit scores ignore any i ...
Personal Strategy Balanced Portfolio
Personal Strategy Balanced Portfolio

... While the fund’s bond investments are expected to primarily be investment grade, the fund may invest in bonds that are rated below investment grade, also known as high yield or “junk” bonds, including those with the lowest credit rating. High yield bond issuers are more likely to suffer an adverse c ...
BlackRock US Corporate Bond Index Fund
BlackRock US Corporate Bond Index Fund

... Under Irish law, BFIDF has segregated liability between its sub-funds (i.e. the Fund’s assets will not be used to discharge the liabilities of other sub-funds within BFIDF). In addition, the Fund’s assets are held separately from the assets of other sub-funds. Investors may switch their shares in th ...
< 1 ... 164 165 166 167 168 169 170 171 172 ... 257 >

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report