Question on asset-backed securities

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Asset-backed securities

(ABSs) are financial securities backed by income-generating assets such as credit card receivables, home equity loans, student loans, and auto loans. ... Pooling assets into an ABS is a process called securitization.

Introduce a type of ABS: Features, how it works, risks, disclosure documents...show an example of an actual type per the discussion.

Reference no: EM133057432

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