Go to the U of M home page.

Home > Prospective Students > Curriculum > Course Guide > Course Details

Course Details

Structured/Securitization Finance
#6843

Type

other/none

Credits

2 cr.

Senior Writing

No

Student Year

2L/3L

Description:

In its most basic form, securitization involves pooling, structuring, and selling assets (i.e., predictable cash flows such as loans), derived from an originator — a financial institution or other entity, to a special legal entity that is "bankruptcy remote." The seminar will begin by introducing the concept of securitizing (or monetizing) assets, will then review legal and accounting issues related to securitization and structured finance, will look at troubled securitization transactions including issues related to the bankruptcy of the originator, will address three independent case studies dealing with the first time issuer, the established company and industry, and the securitization of development loans, and will conclude by offering insights into the future of securitization. In its most basic form, securitization involves pooling, structuring, and selling assets (i.e., predictable cash flows such as loans), derived from an originator — a financial institution or other entity, to a special legal entity that is "bankruptcy remote." The seminar will begin by introducing the concept of securitizing (or monetizing) assets, will then review legal and accounting issues related to securitization and structured finance, will look at troubled securitization transactions including issues related to the bankruptcy of the originator, will address three independent case studies dealing with the first time issuer, the established company and industry, and the securitization of development loans, and will conclude by offering insights into the future of securitization.

show all

Sections

Spring 2013: Structured/Securitization Finance

show details
  • Adjunct Professor Michael J. Macaluso (URL)

Type

SEM

Credits

2

Student Year

2L/3L

Details:

(see course description, above)

(no readings)