The new improved process of securitization (p.59-72) ![[Fichier PDF]](images/pdf.png) |
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| by |
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| Elena Makrevska, University American College Skopje, FUROM |
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| Keywords : Securitization, Regulation, Financial crisis |
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| JEL classification : G21, G28 |
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| Abstract |
| Even through the global financial crisis started with defaults on USA mortgages, USA and international banks suffered about equally. The most mentioned reason for international spreading out the effects of the crisis is the process of securitization. It brought many advantages for the banks at the beginning, but as it become more popular it grew more complex and opaque. It needs to be re-regulated with several structural changes in the future in order to reestablish the investors’ confidence. |
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