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Covered bonds --- Bond market --- History. --- Germany. --- Germany
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Covered bonds --- Bond market --- Law and legislation --- United States.
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Covered bonds --- Mortgage-backed securities --- Asset-backed financing
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Banks and banking --- Asset-backed financing --- Asset-backed securities --- Asset-based financing --- Asset securitization --- Securitization, Asset --- Corporations --- Covered bonds --- Finance
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Asset-backed financing --- Titrisation --- Comparative studies --- Etudes comparatives --- -658.15224094 --- Ed4.f --- Asset-backed securities --- Asset-based financing --- Asset securitization --- Securitization, Asset --- Corporations --- Covered bonds --- Finance --- Europe
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Asset-backed financing --- 336.71 --- Asset-backed securities --- Asset-based financing --- Asset securitization --- Securitization, Asset --- Corporations --- Covered bonds --- Bankwezen --- Finance --- 336.71 Bankwezen --- Banques
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This handbook examines the latest techniques and strategies that are used to unlock the risk transfer capacity of global financial and capital markets. Taking the financial crisis and global recession into account, it frames and contextualises non-traditional risk transfer tools created over the last 20 years. Featuring contributions from distinguished academics and professionals from around the world, this book covers in detail issues in securitization, financial risk management and innovation, structured finance and derivatives, life and non-life pure risk management, market and financial reinsurance, CAT risk management, crisis management, natural, environmental and man-made risks, terrorism risk, risk modelling, vulnerability and resilience. This handbook will be of interest to academics, researchers and practitioners in the field of risk transfer.
Asset-backed financing. --- Asset-backed securities --- Asset-based financing --- Asset securitization --- Securitization, Asset --- Finance. --- Insurance. --- Risk management. --- Risk Management. --- Corporations --- Covered bonds --- Finance --- Insurance --- Management --- Assurance (Insurance) --- Coverage, Insurance --- Indemnity insurance --- Insurance coverage --- Insurance industry --- Insurance protection --- Mutual insurance --- Underwriting
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This paper considers the case for mortgage covered bonds as an alternative to the originate-to-distribute mortgage funding model. It argues that the economic incentives provided to market participants under the covered bonds model are less susceptible to moral hazard even while retaining the key benefits of securitization such as capital market funding and flexibility in risk allocation. Notwithstanding these advantages, however, limited market size and the greater pro-cyclicality of mortgage loan quality in the United States - potentially reflecting borrower incentives under the personal bankruptcy framework - impose limits on the benefits ensuing from this model. The analysis underscores the need for a comprehensive legal-regulatory framework to underpin market development and discusses a number of ways in which the current draft legislation may be further strengthened. A potential strategy to hasten market development within the current institutional framework is identified.
Investments: Bonds --- Industries: Financial Services --- General Financial Markets: General (includes Measurement and Data) --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Investment & securities --- Finance --- Covered bonds --- Loans --- Bonds --- Collateral --- United States --- Mortgage-backed securities --- Mortgage loans
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Capital structure --- Asset-backed financing. --- AA / International- internationaal --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 333.605 --- 333.70 --- 333.745 --- Nieuwe financiële instrumenten. --- Theorie en organisatie van het bankkrediet. --- effectisering. Titrisatie. --- Asset-backed financing --- Asset-backed securities --- Asset-based financing --- Asset securitization --- Securitization, Asset --- Corporations --- Covered bonds --- Nieuwe financiële instrumenten --- Theorie en organisatie van het bankkrediet --- effectisering. Titrisatie --- Finance
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