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3. Select a securitized asset backed security. Briefly discuss the process for your security using a real example. Be specific and label your responses below.
3. Select a securitized asset backed security. Briefly discuss the process for your security using a real example. Be specific and label your responses below. This couple be a residential or commercial example.
a. What is the structure of this ABS?
b. List and briefly discuss a characteristic of the ABS?
c. What is the risk and to who?
d. What is the role of this ABS and why?
e. Who are the investors and why do they invest in this?
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