Is Securitization an Obstacle to Subprime Borrower Workouts?

Considers impact on subprime borrower workouts of securitization, which is the transformation of a group of similar assets, such as mortgages, into marketable securities. Discusses Financial Accounting Standards Board 140 rule, true sales, and curing bad loans; real estate mortgage investment condui...

Full description

Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2007.
Series:	U.S. Congressional Research.
Subjects:	Finance > Law and legislation. Investments. Mortgages. Electronic books.
Online Access:	Connect to the full text of this electronic book