Asset-backed security: Difference between revisions
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Top Trumps® Financial Weapons of Mass Destruction®
ABS “Tax havens! Derivatives! Bearer paper!”
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{{fwmd|ABS}} | {{fwmd|ABS}} | ||
{{ | {{sa}} | ||
*[[Covered bond]] | *[[Covered bond]] | ||
*[[Repackaging]] | *[[Repackaging]] | ||
*[[Securitisation]] | *[[Securitisation]] | ||
*[[Espievie]] | *[[Espievie]] | ||
Revision as of 11:36, 18 January 2020
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| Docs | Secured MTN. Heavy, but dreary. | 7 |
| Amendability | Fat chance. If you don’t like it, ummm — well, what did you buy it for? | 0 |
| Collateral | Fully funded, backed with juicy second mortgages on residential homes in suburban Reno? Yum Yum. | 7 |
| Transferability | Bearer paper right? Good luck with that. Buy ABS, get stuck with it. | 7 |
| Leverage | Usually not, but skip down the tranches and just maybe! | 4 |
| Fright-o-meter | Can frighten the bejesus out of those of a nervous disposition. But bark worse than bite. | 5 |