Securitization and credit quality

Steven Ongena, Alper Kara and David Marques-Ibanez

No 2009, Working Paper Series from European Central Bank

Abstract: Banks are usually better informed on the loans they originate than other financial intermediaries. As a result, securitized loans might be of lower credit quality than otherwise similar non-securitized loans. We assess the effect of securitization activity on loans JEL Classification: G21, G28

Keywords: credit risk; European market; securitization (search for similar items in EconPapers)
Date: 2017-02
New Economics Papers: this item is included in nep-ban and nep-ure
Note: 328790
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Securitization and Credit Quality (2016)
Working Paper: Securitization and Credit Quality (2015)
Working Paper: Securitization and Credit Quality (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20172009

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