Malekan, Sara; Dionne, Georges - Centre Interuniversitaire sur le Risque, les Politiques … - 2012
Securitization is one of the most important innovations in financial markets. It is a process of converting illiquid …. As a result, securitization improves liquidity in capital markets by allowing originators to remove the issued loans from …, securitization is often suspected of being one of the main reasons for the recent financial crisis. One concern that is frequently …