Article
Securitization of Financial Assets
Mortgage backed (<B>MBS</B>) and asset backed (<B>ABS</B>) securitizations, or more generally, the securitization of financial assets (for purposes of this outline, <B>Securitizations</B>), is a form of structured finance initially developed in the early 1980s in MBS format. It matured in the late 1980's in both MBS and ABS formats and is now a U.S.$500 billion industry in the U.S. alone. In recent years, it has spread to Europe (the largest market outside the U.S.), Latin America and Southe
Holland & Knight LLP

