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Asset-Backed Securities Market Report 2019: A Primer for Credit Card Managers - Analysis of the ABS Market Since the Recession that Focuses on the Credit Card Industry - ResearchAndMarkets.comThe "Asset-Backed Securities: A Primer for Credit Card Managers" report has been added to ResearchAndMarkets.com's offering. Titled Asset-Backed Securities: A Primer for Credit Card Managers, this report is the first analysis of the asset-backed securities (ABS (News - Alert)) market since the recession that focuses on the credit card industry. Readers will learn about the logical and legal flows of credit card asset-backed securities (ABS), an important financing tool used by many top issuers. Asset-backed securitization enables lenders to originate credit card accounts, season their portfolios, and then sell the receivables to bank-owned trusts that enable investors to buy future revenue streams. Credit card issuers can generate servicing fees and then use the funds to reinvest in new accounts. One top-tier bank has 50 percent of its portfolio securitized, which is a key component of its growth strategy. The report presents a case study of the asset-backed securitization of a credit card portfolio of a major global bank to illustrate the level of analytics covered in an ABS prospectus. One important facet that is apparent is the importance of the FICO Score and the way it is used throughout the credit cycle from origination to credit cycle management and ultimately through securitization, notes the author of the report. He adds: Dodd-Frank brought discipline to the ABS process, and issuers have a requirement to effectively manage their portfolios, particularly as they place blocks of accounts into the capital markets. Highlights of the research report include:
Key Topics Covered: Executive Summary Asset-Backed Securities: Lending Giants Become Marketing Machines
Asset-Based Lending: The Logical and Legal Process Flow
The Role of Credit Card Managers and Operations Staff
Credit Card ABS Market Outlook
References
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/rj5h8w/assetbacked?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20190304005569/en/ |