In managing interest rate, credit and liquidity risks, discuss how FIs use securitization to their benefit. In your discussion, list the benefits and costs of securitization by using an example of a bank securitizing its credit card or mortgage receivables. In performing securitization of these loans, 

(a) how has the bank changed its interest rate, credit and liquidity risk exposures using credit card asset backed securities as an example and 

(b) does securization diminish or enhance the banks' intermediation function and why or why not?