retained on the bank's balance sheet, suggesting no adverse selection or moral hazard within the Chinese securitization market …This study examines the relationship between securitization and loan performance using proprietary loan-level data from … a Chinese bank. Securitized loans exhibit lower ex-post default rates and prepayment chances compared to the loans …

securitization markets. In particular, it considers the way the American and European regulatory systems have responded to moral … hazard concerns in securitization, and it examines potential factors constraining the European securitization market after …