• 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
Hometown Investment Trust funds: an Analysis of Credit Risk
Hometown Investment Trust funds: an Analysis of Credit Risk

1.00
1.00

... –Account for bad debts using both a balance sheet approach and an income statement approach –Account for dispositions of accounts receivable, including collection, pledging as collateral, and factoring (selling) –Extract and interpret information on receivables from the financial statements ...
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... The ISO 9002 certification includes a subcontractor qualification program and is designed to maximize product quality, enhance customer service, and strengthen the Company's image in the marketplace. The Company has been successful in controlling total inventory and overhead expenses, which have bee ...
FX-Adjusted Local Currency Spreads CEME
FX-Adjusted Local Currency Spreads CEME

... Assuming that default rates and exchange rates are linearly dependent appears at odds with the empirical evidence collected on foreign exchange market microstructure studies. At the risk of oversimplification, exchange rate determinants are classified broadly into two categories: fundamental factors ...
CFA Institute Member Poll: Cash Flow Survey
CFA Institute Member Poll: Cash Flow Survey

... A direct method cash flow statement would include cash inflows and cash outflows from operating activities (e.g., cash from customers, cash paid to suppliers, etc.). That information is not available when operating cash flows are presented indirectly (net income is reconciled to operating cash flows ...
PDF - Deutsche Bank
PDF - Deutsche Bank

Comparison of household debt relative to income
Comparison of household debt relative to income

... largely the result of a tax-financed public welfare system and mandatory pension saving organised by the authorities. Transfers and welfare and pension benefits are part of households’ expected lifetime resources, even if they are not directly included in household accounts. In an international comp ...
answers to questions - ORU Accounting Information
answers to questions - ORU Accounting Information

View/Open
View/Open

esma_ce_g_aifmd__afme_replyform
esma_ce_g_aifmd__afme_replyform

The Impact of Sovereign Ratings on Eurozone SMEs Credit Rationing
The Impact of Sovereign Ratings on Eurozone SMEs Credit Rationing

... set of sovereign’s bond quality (from the highest quality to default). However, when ratings are included in typical regression analysis most analysts transform the alphanumerical ratings into numerical values (Cantor and Parker, 1996; Reinhart, 2002; Alfonso et al., 2012; Baum et al., 2016; Mondes ...
A Modern, Behavior-Aware Approach to Asset Allocation and
A Modern, Behavior-Aware Approach to Asset Allocation and

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... costs averaged $10.82 per Boe compared with $11.27 per Boe in 2015. Fourth quarter of 2016 general and administrative expense was $33.3 million and included $5.0 million in non-cash stock-based compensation and $2.2 million in one-time charges associated with office closure and re-organization. Full ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... We provide financial services to individuals, families and businesses through our six banking offices located in the Nebraska counties of Cedar, Boone, Knox, Madison and Pierce. Our principal business consists of attracting retail deposits from the general public in our market area and investing tho ...
Trading Fees and Slow-Moving Capital - Search Faculty
Trading Fees and Slow-Moving Capital - Search Faculty

The Interplay Between Student Loans and Credit Cards: Implications for Default ∗
The Interplay Between Student Loans and Credit Cards: Implications for Default ∗

The State of Small Business Lending: Credit Access during the
The State of Small Business Lending: Credit Access during the

... Small  businesses  were  hit  harder  than  larger  businesses  during  the  2008  financial  crisis,  and  have  been  slower  to  recover  from  a  recession of unusual depth and duration.  Small  firms  were  hit  harder  than  large  firms  during  the  crisis,  with  the  smallest  firms  hit  ...
form 10-k toyota motor credit corporation
form 10-k toyota motor credit corporation

... Investors and others should note that we announce material financial information using the investor relations section of our corporate website (http://www.toyotafinancial.com). We use our website, press releases, as well as social media to communicate with our investors, customers and the general pu ...
PDF
PDF

whitepaper: future trends in optimization collateral, regulatory capital
whitepaper: future trends in optimization collateral, regulatory capital

... This paper looks at the different types of optimization for these trades, how they are calculated, and how the different optimization groups are interrelated. It also discusses some of the practical aspects of this type of multivariate optimization. A summary of the main trade optimization categorie ...
ratios
ratios

... Measured how much of every sales unit generated during the period is profit A rising net profit margin signals more efficient management of sales and expenses Differences among industries result form the nature of the products or services and the intensity of competition (example) Financial analyst ...
A Model-Based Approach to Constructing Corporate Bond Portfolios
A Model-Based Approach to Constructing Corporate Bond Portfolios

... attention from portfolio managers. Hence, using quantitative credit measures to help further facilitate active portfolio management has become a subject of much interest. Using quantitative tools, we develop a model-based approach for constructing investment grade and high yield corporate bond portf ...
WHAT HAPPENS WHEN YOU REGULATE RISK?
WHAT HAPPENS WHEN YOU REGULATE RISK?

Countercyclical Foreign Currency Borrowing: Eurozone Firms
Countercyclical Foreign Currency Borrowing: Eurozone Firms

chapter 10
chapter 10

< 1 ... 68 69 70 71 72 73 74 75 76 ... 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