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Financial profiles of mortgage loan securitization

โœ Scribed by V. V. Shushkov


Book ID
111466060
Publisher
International Academic Publishing Co (Nauka/Interperiodica)
Year
2007
Tongue
English
Weight
176 KB
Volume
18
Category
Article
ISSN
1075-7007

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Elements of mortgage securitization
โœ Alan C. Hess; Clifford W. Smith ๐Ÿ“‚ Article ๐Ÿ“… 1988 ๐Ÿ› Springer US ๐ŸŒ English โš– 880 KB

In this paper we review the forms of mortgage securitization, analyze the demand for securitization, and demonstrate how securitization meets these demands by reducing intermediation costs. We argue that the increased use of securitization is a response to increased interest rate volatility and repr