Credit card payable-backed securities are backed by the cash flow of a pool of credit card receivables and the cash flow consists of finance charges collected, fees, and principal.
Correct Answer:
Verified
Q45: The cash flow for auto loan-backed securities
Q46: What is the key benefit of securitization
Q47: In assessing the risk on ABS, rating
Q48: Evaluating asset risks involves the analysis of
Q49: The assets that are securitized can have
Q51: The collateral in a securitization can be
Q52: Rate reduction bonds, also called stranded cost
Q53: Securitization has resulted in financial disintermediation.
Q54: The rating agencies analyze the structure to
Q55: Because there are several third parties involved
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents