Securitise - Revision history

Doug: Standardise spelling of 'tradeable'.

2023-11-20T14:06:18Z

Standardise spelling of 'tradeable'.

← Older revision		Revision as of 14:06, 20 November 2023
Line 1:		Line 1:
	''Assets - ~~tradable~~ securities''.		''Assets - tradeable securities''.

	To convert non-tradeable assets into tradeable securities.		To convert non-tradeable assets into tradeable securities.

Doug: Standardise spelling of 'tradeable'.

2023-11-20T13:53:36Z

Standardise spelling of 'tradeable'.

← Older revision		Revision as of 13:53, 20 November 2023
Line 1:		Line 1:
	''Assets - tradable securities''.		''Assets - tradable securities''.

	To convert non-~~tradable~~ assets into ~~tradable~~ securities.		To convert non-tradeable assets into tradeable securities.

	For example turning non-~~tradable~~ assets, like residential mortgage loans, into ~~tradable~~ assets (such as mortgage-backed securities).		For example turning non-tradeable assets, like residential mortgage loans, into tradeable assets (such as mortgage-backed securities).

imported>Doug Williamson: Mend link.

2022-07-04T20:27:11Z

Mend link.

← Older revision		Revision as of 20:27, 4 July 2022
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	* [[Collateralise]]		* [[Collateralise]]
	* [[Covered bond]]		* [[Covered bond]]
	* [[~~GFC~~]]		*[[Global Financial Crisis]] (GFC)
	* [[Loan]]		* [[Loan]]
	* [[Mortgage]]		* [[Mortgage]]

imported>Doug Williamson: Add link.

2022-07-04T20:22:02Z

Add link.

← Older revision		Revision as of 20:22, 4 July 2022
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	* [[Mortgage-backed securities]] (MBS)		* [[Mortgage-backed securities]] (MBS)
	* [[Originator]]		* [[Originator]]
			* [[Secured]]
	* [[Securitisation ]]		* [[Securitisation ]]
	* [[Securitisation Regulation]]		* [[Securitisation Regulation]]

imported>Doug Williamson: Create page. Sources: Linked pages.

2022-07-03T12:29:26Z

Create page. Sources: Linked pages.

New page

''Assets - tradable securities''.

To convert non-tradable assets into tradable securities.

For example turning non-tradable assets, like residential mortgage loans, into tradable assets (such as mortgage-backed securities).

This is often undertaken through a securitisation special purpose vehicle.

The credit risk of the assets is divided into tranches, and payments to the investors are dependent on the performance of the assets.

When a special purpose vehicle is used, the assets are transferred to the special purpose vehicle, which then issues securities.

Non-performance of underlying assets is a key risk for investors, and was one of the triggers for the Global Financial Crisis (GFC).

:<span style="color:#4B0082">'''''Originators & Sponsors in securitisation'''''</span>

:"For the purposes of the Securitisation Regulation, the Originator of an asset is either a party that was directly or indirectly involved in the original creation of the asset, or acquired the asset for its own account and then securitised it.

:... the Sponsor of a securitisation is a party that sets up the securitisation and manages it, but does not securitise its own assets."

:''Originator - Sponsor - the Treasurer's Wiki.''

== See also ==
* [[Collateral]]
* [[Collateralise]]
* [[Covered bond]]
* [[GFC]]
* [[Loan]]
* [[Mortgage]]
* [[Mortgage-backed securities]] (MBS)
* [[Originator]]
* [[Securitisation ]]
* [[Securitisation Regulation]]
* [[Securitisation special purpose vehicle]]
* [[Securitisation swap]]
* [[Security]]
* [[Significant Risk Transfer]]
* [[Sponsor]]
* [[Sukuk]]
* [[Whole business securitisation]]

[[Category:Long_term_funding]]