The underlying pool of assets in a securitization could be a pool of loans backed by real property such as residential mortgage loans or a pool of loans backed by movable properties such as auto loans. The treatment of collateral, real property or movables, vary for the different markets in the region. Summary information on the treatment of collateral is tabulated below. The information is extracted from the report published by the Asian Institute of International Financial Law entitled - Property Rights, Collateral and Creditor Rights. The full report is provided below. |
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