Answer the below questions. (a) Why is credit enhancement required in a securitization? (b) What entity determines
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(a) Why is credit enhancement required in a securitization?
(b) What entity determines the amount of securities needed in a securitization?
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a Credit enhancement is required for all assetbacked securities to provide greater protection to investors against losses due to defaults by borrowers More details on credit enhancement are given belo...View the full answer
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