Differences Across Originators in CMBS Loan Underwriting
credit characteristics of over 30,000 loans securitized into CMBS after 1999, we find . loan-to-value (LTV) ratio, occupancy rate, coupon spread (the contractual .
http://www.federalreserve.gov/pubs/feds/2011/201105/201105pap.pdf
Securitization After Dodd-Frank - Simpson Thacher & Bartlett LLP
Apr 7, 2011 . contemplates a securitization structure in which originators of loans and . Loan- to-Value Ratios—A borrower's maximum loan-to-value (“LTV”) .
http://www.stblaw.com/content/Publications/pub1185.pdf
Securitization is not that evil after all, March 2011 - Bank for ...
banks may choose to securitize loans that have a relatively low content of soft information . resolution has fixed the maximum loan-to-value (LTV) ratio at 80%.
http://www.bis.org/publ/work341.pdf
Securitisation glossary-Loan to value ratio
Securitisation glossary by Vinod Kothari. Loan to value ratio - In case of asset- based lending, means the amount of loan as a percent of the value of the asset on .
http://www.vinodkothari.com/glossary/LVR.htm
Step 1
DID SECURITIZATION LEAD TO LAX SCREENING? EVIDENCE ...
in mortgage-backed securities led to an increase in securitization rates (the ratio of the dollar value of loans securitized divided by the dollar value of loans .
http://qje.oxfordjournals.org/content/125/1/307.full.pdf
Harp 2.0 Refinance Program - Eligibility & Qualifications for HARP 2 ...
Your home must have been securitized with Fannie or Freddie. And not only that, but it . Does the Loan to Value Ratio Matter for HARP 2.0? As opposed to the .
http://www.lender411.com/harp-20-program-eligibility-guideline/
Step 2
REMIC Rules Revisited: Got Compliant Property Releases ...
Jun 11, 2011. (e.g., secured by no more than 125% loan-to-real property value ratio). . as the market reflates, more loans going into new securitizations .
http://www.crunchedcredit.com/2011/06/articles/securitization/regulations/remic-rules-revisited-got-compliant-property-releases/
Step 3
The Process of Securitisation - YieldCurve.com
Securitisation is a well-established practice in the global debt capital markets. . the average level of the loan-to-value ratio (LTV) was considered low, at 73.5% .
http://www.yieldcurve.com/Mktresearch/files/Teasdale_SecuritisationJan03.pdf
Step 4
Housing Finance in the Euro area - European Central Bank
loan-to-value ratios increased, the maturities of loans for house . the increasing role of securitisation in the . growth rates of the markets for securitisation and .
http://www.ecb.int/pub/pdf/other/housingfinanceeuroarea0309en.pdf
Step 5
Does Regulatory Capital Arbitrage, Reputation, or Asymmetric ...
Asset securitization creates value by increasing liquidity, reducing or . We also observe major credit quality indicators, including loan-to-value ratio (LTV) and .
http://business.fullerton.edu/finance/mlacour-little/Papers/Paper03.pdf
Step 6
High Quality CMBS: The Value of Structure - Prudential
This securitization process for the CMBS market, like the process for other structured . The Loan-to-Value (LTV) ratio is the second key indicator of loan quality.
http://www3.prudential.com/fi/pdf/prudential-fixed-income-whitepaper-high-quality-cmbs-the-value-of-structure-07-10.pdf
Securitized Jumbo Mortgages - Federal Housing Finance Agency
Chart 9: Share of Securitized Jumbo Mortgages, by Loan-to-Value Ratio,. 1986 to 2005. 20. Chart 10: Average Loan-to-value (LTV) Ratios for Securitized Jumbo .
http://www.fhfa.gov/webfiles/1272/workingpaper071.pdf
Photo Credits
- property image by Christopher Hall from investment gold stocks india