How/why are banks and non-bank loan-making companies using risk transfer securities (like the securitization of yacht loans
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How/why are banks and non-bank loan-making companies using risk transfer securities (like the securitization of yacht loans by Credit Swiss)?
Who will bear the final loss if there are defaults or losses on the reference portfolio?
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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