Series 6: 4.2.12. Asset-Backed And Mortgage-Backed Securities

Taken from our Series 6 Online Guide

4.2.12. Asset-Backed and Mortgage-Backed Securities

Bonds that are backed by the cash flows of other kinds of debt are called asset-backed securities (ABS). These securities can be backed by many kinds of debt, including residential mortgages, commercial mortgages, auto loans, and credit card debt obligations. This type of financial practice is called securitization. The principal and

Since you're reading about Series 6: 4.2.12. Asset-Backed And Mortgage-Backed Securities, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!