RT Journal Article
SR Electronic
T1 Securitization: <em>Restoring Confidence in the Market</em>
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 60
OP 65
DO 10.3905/JSF.2009.15.2.060
VO 15
IS 2
A1 Moorad Choudhry
A1 Gino Landuyt
YR 2009
UL https://pm-research.com/content/15/2/60.abstract
AB The 2007–2008 financial crisis resulted in a global “flight-to-quality” that has seen investors withdraw from the securitization market almost completely. This has resulted in a drying-up of asset-backed security issuance from bank originators. However the securitization technique remains sound, and the market is a valuable source of bank liquidity. This article proposes a series of measures necessary to revitalize the securitization market, aimed at improving transparency and understanding of the asset class among investors. A restoration of market confidence can then take place in parallel with the emergence of the economy from recession.TOPICS: Technical analysis, financial crises and financial market history