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Chapter Outline
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Why Financial Institutions Sell and Securitize Loans: Chapter Overview

Loan Sales
Types of Loan Sales Contracts

The Loan Sale Market

Secondary Market for Less Developed Country Debt

Factors Encouraging Future Loan Sales Growth

Factors Deterring Future Loan Sales Growth
Loan Securitization
Pass-Through Security

Collateralized Mortgage Obligation

Mortgage-Backed Bond
Securitization of Other Assets

Can All Assets Be Securitized?








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