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Credit securitization decisions

Author

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  • Camilo Sarmiento

Abstract

To balance capital requirements and manage credit risk, lenders slice and dice mortgages for securitization versus holding unsecured loans for investment in their portfolios. This article estimates factors that explain credit securitization decisions with Government Sponsor Enterprises (GSEs).

Suggested Citation

  • Camilo Sarmiento, 2012. "Credit securitization decisions," Applied Economics Letters, Taylor & Francis Journals, vol. 19(1), pages 53-56, January.
  • Handle: RePEc:taf:apeclt:v:19:y:2012:i:1:p:53-56
    DOI: 10.1080/13504851.2011.566173
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    References listed on IDEAS

    as
    1. Camilo Sarmiento, 2009. "Pricing delinquent mortgages," Applied Economics Letters, Taylor & Francis Journals, vol. 16(13), pages 1313-1317.
    2. Yongheng Deng & John M. Quigley & Robert Van Order, 2000. "Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options," Econometrica, Econometric Society, vol. 68(2), pages 275-308, March.
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