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A building society securities personal loans. The Special Purpose Vehicle (SPV) and the investors in Asset-Backed Securities (ABS) are depositors in that building society On
A building society securities personal loans. The Special Purpose Vehicle (SPV) and the investors in Asset-Backed Securities (ABS) are depositors in that building society On a scrap paper, represent the changes in the balance sheets of the building society and the SPV. Then use your draft to fill the following multiple blanks. The serp paper wall not be uploaded but must be carefully kept for sure referee For each one rupe i ortopt the change with me dolor in their is at a location in the balance or other car turiu lacanion but does not change in het or or all. SPV Liabilities Equity Loans Assets Loans Deposts: Deposits ESE ESF ABS ABS muiding society Building society Assets Liabilities Equity Loans: Loans Deposits: Deposits ESR ABS: ABS The building society has removed some credit risk Type for true and for incorrect The building society has received some funds Type for true and N for incorrect. Assume now that the building company again securities its loans us before and buys all the ABS from the SPV. On a scrap paper represent the changes in the balance sheets of the building society incorporating the securitisation and the purchase of the ABS. Then use your answer to fill the following blanks. Car . , de eep your scropper for future reference More Blank topestige-or-te represent the net change with o doller symbol or Xitutum at a wong location in the balance sheet or (the number that item bar the night locatie buit does not change in torta Building society Assets Liabilities Equity Loans Loans: Deposits: Deposits ESR ABS: ABS The building society has removed some credit risk Type for red for incorrect The building society has received some funds Type for Brue and for incorrect
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