Illustration 5 An entity has a business model with the objective of originating loans to customers and subsequently selling those loans to a securitization vehicle. The securitization vehicle issues instruments to investors. The originating entity controls the securitization vehicle and thus consolidates it. The securitization vehicle collects the contractual cash flows from the loans and passes them on to its investors. In the consolidated balance sheet, loans continue to be recognized because they are not derecognize by the securitization vehicle. Evaluate the business model.