Explain the term asset securitization, and the role played by securitization in the subprime loan crisis.

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Contemporary Auditing

ISBN: 978-0357515402

12th Edition

Authors: Michael C Knapp

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Posted Date: Apr 09, 2024 12:57 PM

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Explain the term asset securitization, and the role played by securitization in the subprime loan crisis.

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Asset Securitization Asset securitization refers to the process of pooling various types of debt assets such as mortgages auto loans or credit card de... View the full answer

Contemporary Auditing

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