Securitization and Credit Quality

Securitization and Credit Quality
Banks are usually better informed on the loans they originate than other financial intermediaries. As a result, securitized loans might be of lower credit quality than otherwise similar nonsecuritized loans. We assess the effect of securitization activity on loans’ relative credit quality employing a uniquely detailed dataset... READ MORE...

Publication date: November 2016
ISBN 9781475553765
$18.00

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