In this video, we'll explain in simple terms what mortgage-backed securities (MBS) and special purpose vehicles (SPVs) are.
We'll also discuss the unique features of an MBS and how it differs from an asset-backed securities (ABS).
You'll also learn why these are used in the first place and what they have to do with the financial crisis.
ABS explained simply: • Asset-backed securities | Was sind ABS? | ...
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