000 02643cam a2200289zu 4500
001 10074526
003 FRCYB10074526
005 20250429180204.0
006 m o d
007 cr un
008 250429s2005 fr | o|||||0|0|||eng d
020 _a9781576601389
035 _aFRCYB10074526
040 _aFR-PaCSA
_ben
_c
_erda
100 1 _aStone, Charles Austin
245 0 1 _aThe Securitization Markets Handbook
_bStructures and Dynamics of Mortgage- and Asset-Backed Securities
_c['Stone, Charles Austin', 'Zissu, Anne']
264 1 _bBloomberg Press
_c2005
300 _a p.
336 _btxt
_2rdacontent
337 _bc
_2rdamdedia
338 _bc
_2rdacarrier
650 0 _a
700 0 _aStone, Charles Austin
700 0 _aZissu, Anne
856 4 0 _2Cyberlibris
_uhttps://international.scholarvox.com/netsen/book/10074526
_qtext/html
_a
520 _aIn this long-awaited handbook, noted experts Charles Stone and Anne Zissu provide an enlightening overview of how securitization works and explain how future cash flows from various asset classes—from credit card receipts to mortgage payments—can be packaged into bond-like products and sold to investors. Once a marginal source of funds, securitization is now an essential corporate funding technique widely adopted by financial and industrial companies throughout the world to finance both working capital and capital budgets. It is also used as a risk-management tool and a source of liquidity. Securitization has been adapted to fund corporate acquisitions, to capitalize future streams of revenue, and to liquidate pools of nonperforming loans. With examples from companies such as GE Capital, Ford Motor Credit, Countrywide Home Loans, and D&K Healthcare, The Securitization Markets Handbook provides descriptions of all major classes of asset-backed securities and offers a practice-oriented commentary on trends in securitization and the value of asset- and mortgage-backed securities across industries and throughout the global markets. The authors approach the topic from both sides of the market: the supply side, where assets are securitized and mortgage- and asset-backed securities are issued, and the demand side, where investors choose which classes of mortgage and asset-backed securities will enhance their portfolios or serve as efficient hedges. The book’s detailed explanations and practical examples make it a valuable guide both for experienced money managers trying to put a securitization strategy into place and for those new to securitization looking to acquire a broad and strong foundation in the subject.
999 _c1321761
_d1321761