Introduction to Securitisation

This course provides a comprehensive introduction to the Securitisation of different products and assets through the application of real-world examples. We will assess the risks and rewards that can be gained from the pooling of assets including CMOs & CDOs, Z bonds, derivatives and commercial mortgages.

By the end of this course the participants will:

• Understand the fundamentals of securitization, including how assets are pooled and sold to investors
• Be familiar with key structures, players, and risks involved in securitization
• Learn how to evaluate, price, and assess the risks of securitized products
• Explore practical applications and emerging trends in the securitization market

• Provide an introduction to securitization and the simple securitized products
• Dive into how assets are pooled together and prepared for securitization
• Provide an introduction to the securitization process, using simple MBSs as a study example
• Analyse the risks that arise from simple securitized products
• Learn about how the risks and rewards for a pool of assets can be tranched into different risks with different expected returns
• Gain an understanding into the credit derivatives market and discuss how derivatives can be securitized as well as assets
• Learn how securitized products are sold and distributed to investors