I'll give you a simple answer to this question. If you want a more elaborated answer feel free to email me at ddresearch@aim.com
The securitization of debt is a process in finance by which risk is distributed by aggregating assets in a pool. Then new securities are issued backed by the assets and their future cash flows.
I will use the housing market crisis to show an example. One of the housing crises was triggered by the increased used of the Collateralized Debt Obligations. This were pretty much securities or stocks that where created by pulling together sub-prime mortgages. Other less risky mortgages were also added to this pools. The new securities that were created by investment banks (this is the securitization process) had as earnings the cash flows of the mortgages. Which is in simple terms the monthly mortgage payments people made to their houses.
for the dedt?
Calculate cost of debt for what??????
Penny Hubbard has written: 'Worldwide securitisation and unitisation of real estate'
E. J. Ritchie has written: 'Property securitisation, Unitisation is it feasibile?'
it gives every person an opportunity of every financial releated services like securitisation of debt , factoring , forfeaiting etc........
It has been said it will cost nearly a trillion dollars over 10 years. The nation dedt is close to 13 trillion dollars.
Postrick Mushendami has written: 'Unleashing the potential of the agricultural sector in Namibia' 'Investigating the role securitisation could play in deepening the financial sector in Namibia' -- subject(s): Asset-backed financing
John Deacon has written: 'The Drawing Book' 'Object-Oriented Analysis and Design' 'Dialogicall discourses of spirits and divels' -- subject(s): Christianity, Demonology, Devil, Spirits 'Global Securitisation and CDOs' 'Marnie's Place'
When a loan has been taken by a person from a bank then he has to repay it according to the EMI fixed by the bank but if the person has failed to pay the EMI regularly for a fixed period then the account is named as NPA and after that bank start recovery procedure means to take back his loan amount from the mortgaged property of the person according to the procedure of SECURITISATION ACT.
When a loan has been taken by a person from a bank then he has to repay it according to the EMI fixed by the bank but if the person has failed to pay the EMI regularly for a fixed period then the account is named as NPA and after that bank start recovery procedure means to take back his loan amount from the mortgaged property of the person according to the procedure of SECURITISATION ACT.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, allows banks and financial institutions to auction properties (both residential and COMMERCIAL) when borrowers fail to repay their loans. It enables banks to reduce their non-performing assets (NPAs) by adopting measures for recovery or reconstruction.
Julian Roche has written: 'The value of nothing' -- subject(s): Business enterprises, Valuation 'Property Futures and Securitisation' 'European Credit Institutions (Money Manager's Library)' 'The International Banana Trade' 'Corporate governance in Asia' -- subject(s): Corporate governance 'Real Problems Real Options' 'The International Rice Trade'