Course Category

Structure and Rating of Asset Backed Securities - Online

This module will show you how asset-backed securities are structured. Next, you'll learn how credit ratings are applied to ABSs, and how we can use these ratings to meet our investment goals. We'll also look at the various credit enhancements available to issuers and dealers to help boost the rating of an ABS.

This course replicates the content from lesson 2 of Asset Backed Securities - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.

• Recognize the differences between pass-through and pay-through trust structures.
• Describe the role of a Special Purpose Vehicle in structuring ABSs.
• Define the most common types of credit enhancements.
• Identify the elements by which rating agencies evaluate and monitor credit worthiness.