Anyone experienced in securitized financing knows just how labyrinthine these transactions can be. The Securitization of Financial Assets, Second Edition guides you through the maze of the securitization process so you can handle these complex transactions with ease Now completely revised and updated, Securitization of Financial Assets, Second Edition provides comprehensive coverage of all the key legal, accounting, rating agency and related issues you may ever encounter in securitized financing transactions, from bankruptcy, liquidity and credit enhancement, and Uniform Commercial code issues to rating agency methods, tax and accounting issues, investments, and real estate structures.
Written and edited by leading practitioners in the securitization field, Securitization of Financial Assets gives you expert, practical insights into the newest financing methods. To help you quickly grasp some of the more intricate deals and interwoven issues, the book makes frequent reference to real-deal examples, and provides 20 schematic illustrations of paradigm deal structures. So you'll see, first hand, how to structure:
* REITS, REMICS and other structures to securitize commercial and residential real estate loans
* Special purpose trusts
* Securitization agreements designed for multiple sales or reinvestment
* Bank related securitizations or credit enhancement
* Commercial paper vehicles that finance car leases
* And many more
