A collection of articles from various professionals, discussing the details of investing in asset-backed securities. Main topics addressed include non-real estate backed ABS, collateralized debt obligations, residential real-estate backed ABS, accounting, commercial mortgage backed securities, and analysis of ABS.Contributing Authors.
1. Overview of ABS Portfolio Management (K. Weaver, et al.).
2. Rating Asset-Backed Securities (A. Silver).
NON-REAL ESTATE BACKED ABS.
3. Securities Backed by Credit Card Receivables (J. McElravey).
4. Securities Backed by Auto Loans and Leases (N. McPherson).
5. Securities Backed by Recreational Vehicle Loans (N. Bakalar and J. Nimberg).
6. Equipment-Financed ABS (J. Anderson, et al.).
7. Aircraft Asset-Backed Securities (J. Philips and O. Hsiang).
8. SBA Development Company Participation Certificates (C. Flanagan and W. Tan).
9. Franchise Loan Securitization (J. Anderson and K. Clark).
10. Student Loan Floaters (T. Zimmerman).
11. Healthcare Receivable Backed ABS (N. McPherson with assistance from T. Fasanella).
12. Dealer Floorplan ABS (K. Weaver and N. Bakalar).
COLLATERALIZED DEBT OBLIGATIONS.
13. Collateralized Debt Obligations (C. Schorin and S. Weinreich).
14. Relative Value Framework for Collateralized Debt Obligations (C. Schorin and S. Weinreich).
15. Analyzing Mezzanine Tranches of CBOs (L. Goodman and J. Ho).