Securitization

The concept of re-packaging loans into marketable units for disposal in the capital markets - the essence of securitization - has been developed over the past five years into a sophisticated financial service which a growing number of professional advisers are providing for their clients. This is a review of securitization across the whole range of disciplines involved and it is aimed at a wide range of practitioners as well as those who benefit as lenders from this proces of freeing capital for other uses.