The Mechanics of Securitization
A Practical Guide to Structuring and Closing Asset-Backed Security Transactions
By Moorad Choudhry, Oldrich Masek, Suleman Baig | Publisher: Wiley
About the book
A step-by-step guide to implementing and closing securitization transactions
Securitization is still in wide use despite the reduction in transactions. The reality is that investors and institutions continue to use this vehicle for raising funds and the demand for their use will continue to rise as the world's capital needs increase.
The Mechanics of Securitization specifically analyzes and describes the process by which a bank successfully implements and closes a securitization transaction in the post subprime era. This book begins with an introduction to asset-backed securities and takes you through the historical impact of these transactions including the implications of the recent credit crisis and how the market has changed.
- Discusses, in great detail, rating agency reviews, liaising with third parties, marketing the deals, and securing investors
- Reviews due diligence and cash flow analysis techniques
- Examines credit and cash considerations as well as how to list and close deals
- Describes the process by which a bank will structure and implement the deal, and how the process is project managed and tested across internal bank departments
While securitization transactions have been taking place for over twenty-five years, there is still a lack of information on exactly how they are processed successfully. This book will put you in a better position to understand how it all happens, and show you how to effectively implement an ABS transaction yourself.
Editions of The Mechanics of Securitization
- Hardcover
- ISBN 9780470609729
- EBook
- ISBN 9781118220733
- EBook
- ISBN 9781118234549
Read an Excerpt
A step-by-step guide to implementing and closing securitization transactions
Securitization is still in wide use despite the reduction in transactions. The reality is that investors and institutions continue to use this vehicle for raising funds and the demand for their use will continue to rise as the world's capital needs increase.
The Mechanics of Securitization specifically analyzes and describes the process by which a bank successfully implements and closes a securitization transaction in the post subprime era. This book begins with an introduction to asset-backed securities and takes you through the historical impact of these transactions including the implications of the recent credit crisis and how the market has changed.
- Discusses, in great detail, rating agency reviews, liaising with third parties, marketing the deals, and securing investors
- Reviews due diligence and cash flow analysis techniques
- Examines credit and cash considerations as well as how to list and close deals
- Describes the process by which a bank will structure and implement the deal, and how the process is project managed and tested across internal bank departments
While securitization transactions have been taking place for over twenty-five years, there is still a lack of information on exactly how they are processed successfully. This book will put you in a better position to understand how it all happens, and show you how to effectively implement an ABS transaction yourself.
Frequently Asked Questions
What is The Mechanics of Securitization about?
A step-by-step guide to implementing and closing securitization transactions
Securitization is still in wide use despite the reduction in transactions. The reality is that investors and institutions continue to use this vehicle for raising funds and the demand for their use will continue to rise as the world's capital needs increase.
The Mechanics of Securitization specifically analyzes and describes the process by which a bank successfully implements and closes a securitization transaction in the post subprime era. This book begins with an introduction to asset-backed securities and takes you through the historical impact of these transactions including the implications of the recent credit crisis and how the market has changed.
- Discusses, in great detail, rating agency reviews, liaising with third parties, marketing the deals, and securing investors
- Reviews due diligence and cash flow analysis techniques
- Examines credit and cash considerations as well as how to list and close deals
- Describes the process by which a bank will structure and implement the deal, and how the process is project managed and tested across internal bank departments
While securitization transactions have been taking place for over twenty-five years, there is still a lack of information on exactly how they are processed successfully. This book will put you in a better position to understand how it all happens, and show you how to effectively implement an ABS transaction yourself.
What core themes, tropes, or subjects are explored in The Mechanics of Securitization?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry
Where can I read a sample of The Mechanics of Securitization?
You can read an official preview of the few pages here https://www.book2look.com/book/9780470609729
Is The Mechanics of Securitization part of a series, and can it be read as a standalone?
Yes it is a part of series Wiley Finance
Who is/are the Author/s of the book The Mechanics of Securitization?
Moorad Choudhry, Oldrich Masek, Suleman Baig
Who is the Publisher of the book The Mechanics of Securitization?
Wiley
What are the ISBN numbers for the physical and digital editions?
The Mechanics of Securitization is available as hardcover(ISBN 9780470609729) and ebook(ISBN 9781118220733) and ebook(ISBN 9781118234549)
Where can I buy The Mechanics of Securitization online or support local independent bookshops?
You can buy The Mechanics of Securitization from below
Where can I buy The Mechanics of Securitization?