KRITIKA. Cargado por. Adija Miftarevic · TRZISTE-KAPITALA- Pokazatelji Razvijenosti 4. Cargado por. Adija Miftarevic · Hipotekarno Tržište – Fin. Cargado por. Takođe, finansijska tržišta vrše povratni uticaj na tržište proizvoda i faktore proizvodnje. Razvojem finansijskih tržišta povećava se ponuda finansijskih. Tržišni modeli finansiranja stanogradnje bazirani su na hipotekarnom tržištu. Hipotekarno tržište jedan je od najizgrađenijih segmenata tržišta kapitala.
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Users should refer to the original published version of the material for the full abstract. Users should refer to the original published version of the material for the full abstract.
SECURITIZATION – GREAT BENEFITS AND POTENCIAL CAUSE OF THE GLOBAL FINANCIAL CRISIS.
The volume of emissions on the basis of securitization hioptekarnofor example, more than 3. However, users may print, download, or email articles for individual use.
Despite the indisputable benefits of this financial innovation, the need for performing a number of iterative actions and involvement of a number of institutions makes t his a very complex mechanism.
Traditional concept of securitization conversion of claims into marketable securities implies the process which includes gathering of claims into pools, rating enhancement of the gathered claims by guaranties, insurances, etc. Thereby, issuers of securities are coming to liquidity at a lower cost and the risk of holding long-term bank loans mainly mortgage trzuste to the buyers o f mortgage securities.
This abstract may be abridged. That way, the issuer of securities attracts financial sources from the market under lowest interest rates, or, he obtains financial sources under conditions, which are more beneficial, compared to classical bank loans. No warranty is given about the accuracy of the copy.
In the race for ever-increasing profit, financial institutions have succeeded to, due to the so-called informal deregulation, acquire through a variety of financial innovation greater de facto freedom of action in the financial markets. Pools containing basically mortgage credits: For the countries in the process of transition, the securitization and the development of the mortgage market are important as a model of housing financing with its multiplicative effect to the whole economy.
No warranty is given about the accuracy of the copy. In this sense, the question is whether the solution should be sought in the re-regulation of securitization of loans or it will only delay solving the problem?
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The intensive development of technology and the trend of financial globalization contributed to the fact that the volume of transactions in the financial market surpasses by several times over the volume of transactions in the real sector, which has identified a growing trend of separating financial from the real economy. He places mentioned financial sources, gathered under low interest rates, to banks, which, on the basis of those sources, may grant credits under more favorable conditions.
The study indicates that, during the crisis, the consensus has been achieved on the need to strengthen the role of regulators in the securities markets, on the need to analyze reporting standards for example, what is bookkeeping fair value of real estate in conditions of real estate price bubble, etc.
SCIndeks – Članak
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Historically – the mortgage credits were the first to be securitized, and today, everything became the subject of securitization: Securitization is seen as the biggest financial innovation of the 20th century, which, based on the contractual assignment of receivables, transformed the less liquid claims based on loans, credit cards, etc. However, users may print, download, or email articles for individual use. The crisis which struck the mortgage market in brings the challenge of certain redefining the control over applying the concept of securitization.
Remote access to EBSCO’s databases is permitted to patrons of subscribing institutions accessing from remote locations for personal, non-commercial use.