دور هياكل التوريق و تعزيز الائتمان في تحديد المسار الدقيق لمعاملات السوق الثانوية

Abstract EN

The credit enhancement techniques used to securitizing prime loans would be inefficient if applied to subprime loans, especially if subordination is used as the only form of credit support.

And for this reason that in securitizing subprime loans, structurers utilize a combination of the credit enhancement mechanisms.

The sole economic goal of the structurer is to maximize the total proceeds received from the sale of all the bond classes that are backed by the asset pool.

Or alternatively, for a given funding size, the goal is to attain the lowest weighted average cost.ُ