please explain how student loans are an asset-backed security

70.2K

Verified Solution

Question

Finance

please explain how student loans are an asset-backed security

Answer & Explanation Solved by verified expert

3.9 Ratings (414 Votes)

Asset backed Securities ABS are a product of financial engineering which are collateralized by a bunch of financial assets like loans auto loan receivables lease etc Nontradable but simple illiquid assets are See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

please explain how student loans are an asset-backed security

70.2K

Verified Solution

Question

Finance

please explain how student loans are an asset-backed security

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Transcribed Image Text

Other questions asked by students