Talk:Securitization
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[edit] Hong Kong
"The deal fell through later in the month and the local government authroities plan to reissue the securities in late 2005."
- What? Isn't this "The Link REIT"?--Jerryseinfeld 17:59, 2 Apr 2005 (UTC)
I don't fully understand the given definition of securitization. Does it essentially mean that mortgages (for example) are bundled into essentially homogenous packages so that they can be traded/sold?
- Not completely - the mortgages are bundled and sold to an SPV, who issues bonds backed by these mortgages' cash flows and underlying value. The bonds are then traded in the market. Maurits.
COMMENT BY A DIFFERENT PERSON "Securitization" is also used to describe "Insurance-Linked Securities" (ILS) (Go to SwissRe.com and search on ils.) This article should either discuss ILS or else link to a separate article about them. The point is, securitization is more general than just ABS.
[edit] Jargon-y
This article needs a *major* rewrite. Anyone who could understand that mumbo-jumbo wouldn't look the subject up on Wikipedia. —The preceding unsigned comment was added by 66.108.113.91 (talk) 05:33, 10 December 2006 (UTC).