- NY Credits : 3.0
- TX Credits : 3.0
Introduction to Securitizations and Asset Backed Securities
Asset-backed securitization (ABS) is growing in vogue. Not new, around since the 18th century in fact, securitizations have withstood scandals and regulations. Learn the basics if you are new to the securitization market or seeking an understanding of the ABS product. Explore efficiencies to complex processing requirements.
Upon successful completion of Introduction to Securitizations and Asset Backed Securities, the user should be able to:
differentiate between consumer and commercial ABS;
recall the securitization process;
identify the parties to an ABS transaction and their roles;
define credit enhancement and determine credit enhancement levels;
identify the various aspects related to prepayment measures; and
recall how to value ABS.