5. Define the term recourse. Discuss the differences in meaning from the legal and economic standpoints, giving
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5. Define the term recourse. Discuss the differences in meaning from the legal and economic standpoints, giving examples of both and highlighting where the legal and economic meanings do not overlap. What does the presence of recourse do to a securitization transaction?
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Related Book For 
Elements Of Structured Finance
ISBN: 9780195179989
1st Edition
Authors: Ann Rutledge, Sylvain Raynes
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