A variety of asset classes can be securitised: the sponsors vary from financial institutions, to alternative lenders to corporates: their motivation is often different, with often transactions executed by banks driven by both capital and funding, while new lenders are more focused in obtaining complementary financing. Corporates are keen to explore securitisation for funding purposes as well as off-balance sheet treatment.
Key learning objectives:
What is RMBS?
What are commercial mortgage backed securities?
What key products are offered by the Speciality Finance Market?
Do corporates use securitisation?