Structured Finance: A Guide to the Principles of Asset Securization

by Steven C. Schwarcz

The expanded new Third Edition of Structured Finance offers a bounty of new and updated information on one of the dominant forms of capital formation in the United States. Written by a leading expert in the field, Structured Finance takes you step by step through the fundamentals of asset securitization while providing new insight into central accounting issues, cross-border financing and debtor-in-possession securitization. It attempts to reduce the complexity and costs of asset securitization, including the nationwide impact of U.C.C.'s revised Article 9. Presented for the first time in a looseleaf format to allow for easy supplementation, Structured Finance examines the history, mechanics, and benefits of asset securitization, including the types of assets, players, and risks involved in such transactions.

435 pages, Ring-bound

First published January 1, 2002