This symposium issue examines securitization a decade after the 2008 financial crisis. Prior to the crisis, securitization was one of America’s dominant means of financing. Many observers, however, blamed securitization for causing the crisis, sparking regulation that arguably has been overly restrictive and, in some cases, even punitive. Where are we now?
Steven L. Schwarcz, Securitization Ten Years after the Financial Crisis: An Overview, 37 Review of Banking and Financial Law 757-769 (2018)
Library of Congress Subject Headings
Asset-backed financing, Asset-liability management, Financial crises