Template:ABS - FWMD: Difference between revisions

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{{fwmdtt|nickname=ABS|title=Asset-backed securities|tagline=Tax havens! Derivatives! Bearer paper!|documentation=Secured bond issuance or Secured MTN. Compendious and tedious. 8|booklets=Sometimes, if a swap embedded 4|customisability=Aircraft leases, credit card receivables, pop-star back-catalogues, toxic mortgages: The world is your oyster. 5|asset classes=mostly forms of indebtedness or other money claims|amendability=Generally low. Good luck with that Trustee, fellas! 3|transferability=bearer paper right? Good luck with that. Buy ABS, get stuck with it. 1|tenor=Usually tops out at 10-12 years|leverage=Skip down the tranches and just maybe! 4|collateral=Fully funded, backed with those juicy valuable second mortgages on residential property in outer suburbs of Reno? Yum Yum. 4|longevity=Been around since Bowie monetised his Berlin era, and even before. 7|frightometer=Can frighten the bejesus out of those of a nervous disposition. But bark worse than bite. 5}}
{{fwmdtt| imagetype=png| nickname=ABS | tagline= Tax havens! Derivatives! Bearer paper!| documentation= Secured [[MTN]]. Heavy, but dreary.| docscore=7| amendability= Fat chance. If you don’t like it, ummm — well, what did you buy it for?|amendscore=0| collateral= Fully funded, backed with juicy second mortgages on residential homes in suburban Reno? Yum Yum.| collateralscore =7| transferability= Bearer paper right? Good luck with that. Buy ABS, get stuck with it.| transferscore =7| leverage= Usually not, but skip down the tranches and just ''maybe''!| leveragescore =4| frightometer= Can frighten the bejesus out of those of a nervous disposition. But bark worse than bite.| frightscore=5}}