Understanding the securitization of subprime mortgage credit:
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Boston [u.a.]
Now Publishers
2008
|
| Schriftenreihe: | Foundations and trends in finance
2,3 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Literaturverz. S. 117 - 121. - Einzelaufnahme eines Zeitschr.-H. |
| Beschreibung: | IX, 121 S. graph. Darst. |
| ISBN: | 9781601981400 |
Internformat
MARC
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| 500 | |a Literaturverz. S. 117 - 121. - Einzelaufnahme eines Zeitschr.-H. | ||
| 650 | 4 | |a Mortgage loans |x Corrupt practices | |
| 650 | 4 | |a Securities fraud | |
| 650 | 4 | |a Subprime mortgage loans | |
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Datensatz im Suchindex
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|---|---|
| adam_text | Titel: Understanding the securitization of subprime mortgage credit
Autor: Ashcraft, Adam B
Jahr: 2008
Contents
1 Introduction 1
2 Overview of Subprime Mortgage Credit
Securitization 3
2.1 The Seven Key Frictions 5
2.2 Five Frictions that Caused the Subprime Crisis 21
3 An Overview of Subprime Mortgage Credit 25
3.1 Who is the Subprime Mortgagor? 27
3.2 What is a Subprime Loan? 30
3.3 How have Subprime Loans Performed? 40
3.4 How are Subprime Loans Valued? 42
4 Overview of Subprime MBS 47
4.1 Subordination 47
4.2 Excess Spread 00
4.3 Shifting Interest 50
4.4 Performance Triggers 51
4.5 Interest Rate Swap 53
4.6 Remittance Reports 53
5 An Overview of Suhprinie MBS Ratings 59
5.1 What is a Credit Rat ing? 59
5.2 I low does One Become a Rating Agency? 02
When is a Credit Rating Wrong? How Could We Tell? 63
5.4 The Supprime Credit Rating Process 64
5.5 Conceptual Differences Between Corporate
and ABS Credit Ratings 69
5.6 How Through-the-Cycle Rating Could Amplify
the Housing Cycle 71
5.7 Cash Flow Analytics for Excess Spread 74
5.8 Performance Monitoring 84
5.9 Home Equity ABS Rating Performance 87
6 The Reliance of Investors on Credit Ratings:
A Case Study 93
6.1 Overview of the Fund 94
6.2 Fixed-Income Asset Management 97
7 Concluding Remarks 99
References
117
|
| adam_txt |
Titel: Understanding the securitization of subprime mortgage credit
Autor: Ashcraft, Adam B
Jahr: 2008
Contents
1 Introduction 1
2 Overview of Subprime Mortgage Credit
Securitization 3
2.1 The Seven Key Frictions 5
2.2 Five Frictions that Caused the Subprime Crisis 21
3 An Overview of Subprime Mortgage Credit 25
3.1 Who is the Subprime Mortgagor? 27
3.2 What is a Subprime Loan? 30
3.3 How have Subprime Loans Performed? 40
3.4 How are Subprime Loans Valued? 42
4 Overview of Subprime MBS 47
4.1 Subordination 47
4.2 Excess Spread 00
4.3 Shifting Interest 50
4.4 Performance Triggers 51
4.5 Interest Rate Swap 53
4.6 Remittance Reports 53
5 An Overview of Suhprinie MBS Ratings 59
5.1 What is a Credit Rat ing? 59
5.2 I low does One Become a Rating Agency? 02
When is a Credit Rating Wrong? How Could We Tell? 63
5.4 The Supprime Credit Rating Process 64
5.5 Conceptual Differences Between Corporate
and ABS Credit Ratings 69
5.6 How Through-the-Cycle Rating Could Amplify
the Housing Cycle 71
5.7 Cash Flow Analytics for Excess Spread 74
5.8 Performance Monitoring 84
5.9 Home Equity ABS Rating Performance 87
6 The Reliance of Investors on Credit Ratings:
A Case Study 93
6.1 Overview of the Fund 94
6.2 Fixed-Income Asset Management 97
7 Concluding Remarks 99
References
117 |
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| spelling | Ashcraft, Adam B. 1974- Verfasser (DE-588)132415798 aut Understanding the securitization of subprime mortgage credit Adam B. Ashcraft ; Til Schuermann Boston [u.a.] Now Publishers 2008 IX, 121 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Foundations and trends in finance 2,3 Literaturverz. S. 117 - 121. - Einzelaufnahme eines Zeitschr.-H. Mortgage loans Corrupt practices Securities fraud Subprime mortgage loans Hypothekarkredit (DE-588)4161146-9 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Hypothekarkredit (DE-588)4161146-9 s DE-604 Schuermann, Til Verfasser (DE-588)115296913 aut Foundations and trends in finance 2,3 (DE-604)BV022433707 2,3 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016780281&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Ashcraft, Adam B. 1974- Schuermann, Til Understanding the securitization of subprime mortgage credit Foundations and trends in finance Mortgage loans Corrupt practices Securities fraud Subprime mortgage loans Hypothekarkredit (DE-588)4161146-9 gnd |
| subject_GND | (DE-588)4161146-9 (DE-588)4078704-7 |
| title | Understanding the securitization of subprime mortgage credit |
| title_auth | Understanding the securitization of subprime mortgage credit |
| title_exact_search | Understanding the securitization of subprime mortgage credit |
| title_exact_search_txtP | Understanding the securitization of subprime mortgage credit |
| title_full | Understanding the securitization of subprime mortgage credit Adam B. Ashcraft ; Til Schuermann |
| title_fullStr | Understanding the securitization of subprime mortgage credit Adam B. Ashcraft ; Til Schuermann |
| title_full_unstemmed | Understanding the securitization of subprime mortgage credit Adam B. Ashcraft ; Til Schuermann |
| title_short | Understanding the securitization of subprime mortgage credit |
| title_sort | understanding the securitization of subprime mortgage credit |
| topic | Mortgage loans Corrupt practices Securities fraud Subprime mortgage loans Hypothekarkredit (DE-588)4161146-9 gnd |
| topic_facet | Mortgage loans Corrupt practices Securities fraud Subprime mortgage loans Hypothekarkredit USA |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016780281&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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