Net excess spread in a securitization

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,390
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 5, 2008

The net excess spread is a type of internal credit enhancement in a securitization. In this simple structure, $100 million in loan assets are securitized by way of two bond class issuances (senior and subordinated debt). The excess spread can be diverted on a post or pre-loss basis (pre-loss: deposited into cash collateral account).

Category:

Howto & Style

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (0)

Sign In or Sign Up now to post a comment!
Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more