| Securization |
| 送交者: xiangshui 2008月10月01日18:05:03 于 [股市财经] 发送悄悄话 |
| 回 答: 美国次级债风波 由 Aaron Tao 于 2008-10-01 11:05:24 |
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Securization was introduced long time ago.
MBS was in the market way before Subprime loans. CMO was in market for a long time too. CDO is relative new, but shoud not behind subprime loan either. Subprime mortgage is not new, the problem is the subprime underwriting rules. |
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