9. A financial corporation with a BBB credit rating has a consumer loan portfolio. An investment banker

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9. A financial corporation with a BBB credit rating has a consumer loan portfolio. An investment banker suggests that this corporation consider issuing an ABS where the collateral for the security would the consumer loan portfolio. What would be the advantage of issuing an ABS rather than a corporate bond for which the consumer loan portfolio serves as collateral?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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