This book offers readers access to information on all aspects of structured finance. Structured finance is a broad term. It can be defined in many ways such as a synthetic
transaction that transfers risk; a financing transaction where legal structures are used to isolate asset or entity risk, resulting in decreased risk for the originator; or the monetization of
any rights to payments by a party having the legal right to transfer those payments to others. Clearly within the scope of structured finance is securitization, including widely used
instruments such as asset-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized debt obligations. In this book, the authors use
the broader definition of structured finance to include credit derivatives as well, and take a broad, inclusive view of structured finance that includes project finance, the use of derivatives
in structured notes, complex leasing transactions, and various other structured risk transfer mechanisms. Chapter titles include: What is Structured Finance; Swaps and Other Derivatives; Credit
Derivatives; Securitization; Derivatives in Securitizations; ABCP and Synthetic Funding Structures; Cash Market CDOs; Synthetic CDOs; Synthetic Funding Structures; Structured Notes and CLNs;
Large Ticket Leasing: Fundamentals of Leasing; Large Ticket Leasing: Leveraged Leases; and Project Financing.
