《商业银行管理》课后习题答案IMChap10 .pdf

CHAPTER10

OFF-BALANCE-SHEETFINANCINGINBANKINGANDCREDITDERIVATIVES

KeyTermsPresentedinThisChapter

SecuritizationContingentobligation

CreditEnhancementIssuer

LoanSalesAccountparty

ServicingRightsBeneficiary

ParticipationLoansCreditderivatives

AssignmentsCreditswap

LoanstripCreditoption

FinancialguaranteesCreditdefaultswap

Standbyletterofcredit(SLC)

ChapterOutline

I.Introduction:SourcesofFundsShortagesandCreditRiskforBanks

II.SecuritizingBankLoansandOtherAssets

A.NatureofSecuritization

B.AdvantagesofSecuritization

C.TheRateStructureofSecuritization

D.BeginningsofSecuritization–TheHomeMortgageMarket

1.CollateralizedMortgageObligations–CMOs

2.SecuritizationofHomeEquityLoans

E.ExamplesofOtherAssetsThatHaveBeenSecuritized

F.SubordinatedSecuritizations

G.TrendsinSecuritizationsToday

H.ImpactofSecuritizationonBanks

Ill.SalesofLoanstoRaiseFunds

A.NatureofLoanSales

B.LoanParticipationsandLoanStrips

C.ReasonsBehindLoanSales

D.TheRisksinLoanSales

IV.StandbyCreditLetters

A.TheNatureofStandbyCredits(ContingentObligations)

B.TypesofStandbyCreditLetters

C.AdvantagesofStandbys

D.TheStructureofStandbyLettersofCredit

E.TheValueandPricingofStandbyLetters

F.SourcesofRiskwithStandbyCredit