An asset-backed security (ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool ...

An asset-backed securities index is a curated list of asset-backed security exposures that is used for performance bench-marking or trading.

A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages.

CMBS · Residential · Asset-backed · Mike Vranos

Pooling assets into an ABS is a process called securitization. ABSs appeal to income-oriented investors, as they pay a steady stream of interest, like bonds.

It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash ...

Asset (disambiguation) · Current asset · Fixed asset · Intangible asset

Apr 3, 2023 · In order to serve as the collateral backing an asset-backed security, an asset must represent a contractual obligation to make payments.

Privately-issued ABS are typically sold to large institutional investors known as qualified institutional buyers or QIBs. During the financial crisis, ABS ...

The Term Asset-Backed Securities Loan Facility (TALF) is a program created by the U.S. Federal Reserve (the Fed) to spur consumer credit lending.