• 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
English
English

... CESD believe the Oil Fund needs improvements, including but not limited to those listed below, in some areas of action:  to develop a long-term investment strategy which shall include the size of assets to impact each asset type as well as their geographical distribution. Namely, it is necessary to ...
EMW2010_Hudon - e-MFP
EMW2010_Hudon - e-MFP

Federal Reserve Raises Interest Rates
Federal Reserve Raises Interest Rates

Security Analysis and Portfolio Management
Security Analysis and Portfolio Management

...  Borrowing funds by selling securities with an agreement to repurchase the said securities on a mutually agreed future date at an agreed price which includes interest for the funds borrowed.  Reverse Repo market  The reverse of the repo transaction is called ‘reverse repo’  Buying of securities ...
Interest Rate and Credit Default Swaps
Interest Rate and Credit Default Swaps

... Challenge: The rampant and unregulated use of Credit Default Swaps (CDSs) were a major contributor to the stock market crash of 2008 and the Great Recession. Research which firm sold the most CDSs and which consequently was not able to pay off the insurance it had sold when firms like Lehman Brother ...
Prepare for the Bear, Whenever It Arrives A Study In Succession
Prepare for the Bear, Whenever It Arrives A Study In Succession

... need, then return them to the IRA within 60 days, and there are no tax consequences. For many years it was widely believed that one 60-day rollover was allowed from each IRA a taxpayer maintained. But earlier this year the U.S. Tax Court (see Bobrow v. Commissioner) scotched that idea, interpreting ...
Banking Services
Banking Services

... Loans (More money out than in) ◦ Lending helps economy function, money in hands of consumers increases demand, money in investors’ hands leads to more businesses ◦ Banks loose money if borrowers default on loans, do not pay back ...
RECESSIONS, DEPRESSIONS, DEFLATION, INFLATION
RECESSIONS, DEPRESSIONS, DEFLATION, INFLATION

... ■ has this been helpful ? The Federal Reserve and the Treasury have their heads full of these concerns, and the more individuals understand them, the more they know about how economic trends develop and how economic policy works. If you’d like to learn more about how inflation trends, interest rate ...
HASSLE FREE PAYMENT PLAN AUTOMATIC – CREDIT CARD
HASSLE FREE PAYMENT PLAN AUTOMATIC – CREDIT CARD

... If the Name on the credit card account is SOMEONE OTHER THAN THE NAMED INSURED, the account holder must also sign the statement below. The Named Insured must also sign the statement below. Charge the credit card on the following day of the each month. ____________________ The day payments are deduct ...
NEWS RELEASE
NEWS RELEASE

... company almost dominates the domestic market and is among the global market leaders for terpene resins. Strong relationships with suppliers allow for stable procurement of raw materials. Thanks to this, as well as the advantage of having blue-chip companies on its client list, the earnings base is s ...
Housing Finance in Emerging Markets: Policy and
Housing Finance in Emerging Markets: Policy and

What Types of Financial Market Structures Exist
What Types of Financial Market Structures Exist

... distribute dividends to shareholders. For example, a corporation might instead choose to keep its profits as retained earnings to be used for new capital investment (self-financing of investment rather than debt or equity financing). On the other hand, corporations cannot charge losses to their comm ...
HOUSING & HOUSING FINANCE: POLICY FRAMEWORK
HOUSING & HOUSING FINANCE: POLICY FRAMEWORK

FedViews
FedViews

The Stanton Report Volume 1
The Stanton Report Volume 1

USE Insider Trading Rules-2009
USE Insider Trading Rules-2009

... An insider shall not trade in securities during the closed periods which shall be periods 8 weeks to the publication of financial information. However, the prohibition on purchases, sales, pledges and gifts of listed securities during closed periods does not apply to: a) Purchases made under an empl ...
This communication has been prepared by
This communication has been prepared by

... sale of any financial instrument, investment product or service, or as an official confirmation of any transaction. TD Securities is neither making any investment recommendation nor providing any professional or advisory services relating to the matters described herein. Neither TD Securities nor an ...
CASLA membership form - Canadian Securities Lending Association
CASLA membership form - Canadian Securities Lending Association

... Fixed Income Please describe your business function: ...
Intro to ratios
Intro to ratios

Financial Institutions
Financial Institutions

Institute of Actuaries of India Subject ST5 – Finance and Investment A
Institute of Actuaries of India Subject ST5 – Finance and Investment A

Southern Agriculture`s Current Financial Situation
Southern Agriculture`s Current Financial Situation

... Loan Losses • Banks across the country have increased loan loss reserves. • Loan loss provisions represent close to 0.4 percent of total loan volume for farm banks. ...
How does a monetary policy affect the economy
How does a monetary policy affect the economy

... Other assets prices also channel Ms changes according to Tobin q theory and wealth effects on consumption. q = (stock-market value of firm)/assets. High q means firms can issue equity easily and buy extra assets and thus invest. However, when Ms is reduced, public spends less on stock-markets, thus ...
CHAPTER 6 ANSWERS TO "DO YOU UNDERSTAND?" TEXT
CHAPTER 6 ANSWERS TO "DO YOU UNDERSTAND?" TEXT

... bonds and drives up their yields. At the same time, buying pressure on Treasury bonds drives their prices up and yields down. Thus, the spread widens during recessions. As the economy improves, investors may be more willing to hold the more risky (corporate) bonds. They buy more corporate bonds and ...
European Commission
European Commission

... In the period under investigation (2006-2009) CDS were traded over-the-counter (OTC), that is to say, they were privately and bilaterally negotiated. In OTC trading an investment bank typically acts as intermediary between supply and demand in the market for credit derivatives by promising to be a ...
< 1 ... 217 218 219 220 221 222 223 224 225 ... 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