320 Things to Know About Asset-Backed Securities (ABS)

This book is an invaluable resource for anyone needing to understand the complex world of Asset-Backed Securities (ABS). It is a comprehensive glossary of terms related to ABS, including definitions of the various types of securities, the underwriting process, and the credit ratings applied to them.

The book explains how these securities are created, the risks involved, and the mechanics of the cash flows. It also includes a section on how these securities have evolved over time, including the impact of new technologies, such as blockchain. The language used is clear and accessible, making it perfect for professionals in the industry or for those who are new to ABS and want to learn more.

Overall, this book is an essential toolkit for anyone dealing with ABS, from investors and underwriters to lawyers and regulators. With its detailed explanations of key terms, it provides a solid foundation for understanding this complex field.