ABS – Asset-Backed Securities

ABS – Asset-Backed Securities

• 1990 – SOA – Asset-Backed Securities (ABS), rsa90v16n212 – Society of Actuaries – 38p
• 1996 – SOA – Asset-Backed Securities, rsa96v22n164ts – Society of Actuaries – 25p

• Summary: In this teaching session, various forms of asset-backed securities, e.g., credit cards, auto, home equity, commercial real estate, mobile homes, etc., are examined. A review of basic structures and a discussion of the risks and opportunities and critical parameters involved (e.g., what affects prepayments, extensions, defaults) is also made.
• Francis P. Sabatini: We’re here to talk about an asset class that hasn’t really gained the favor of the insurance industry. 

1996 – SOA – Asset-Backed Securities, Society of Actuaries – 25p