Series 7: 2.14.3. Other Asset-Backed Securities

Taken from our Series 7 Online Guide

2.14.3. Other Asset-Backed Securities

The securitization of other illiquid assets quickly followed. Auto loan-backed securities debuted in 1986. The first credit card–backed securities were also issued in this timeframe. Soon, the market for securitization had expanded to home equity loans, student loans, equipment leases, and future entertainment royalties.

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