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刘同学2018-05-07 16:34:15

According to the following statements about auto loan Receivable-backed securities, which statement is not correct? A A subprime loan is one granted to borrowers with higher credit quality. B The purpose of a reserve account is to provide internal credit enhancement C Overcollateralization means that the aggregate principle balance of the automobile loan contracts exceeds the principle balance of the notes. 这题c也不对吧,怎么能说贷款本金大于note的就是过度抵押呢?应该说是抵押物value大于note才对吧,a的话如果有比他层级更低的话他就是比较好的吧

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Paul2018-05-07 18:15:22

同学你好,c说的是抵押资产,auto-abs就是汽车抵押贷款,大于abs的面额,所以是过度抵押。

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