Series: Staff Discussion Notes
Author(s): Miguel Segoviano Basurto , Bradley Jones , Peter Lindner , and Johannes Blankenheim
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 January 2015
Keywords: Credit ratings, Financial intermediation, Financial instruments, Financial crisis, Securities, Mortgages, Transparency, asset-backed securities, mortgage-backed securities, securitizations
The discussion in this note seeks to preserve the beneficial features of securitization while mitigating those that may pose risks to financial stability. A comprehensive set of reforms-targeting both supply- and d...