According to the definition provided by the Real Academia de la Lengua Española, the term securitization denotes "to convert certain assets, usually loans, into instruments tradable in the market." James Rosenthal (1988) defines securitization as "the carefully structured process whereby loans and other receivables are packaged, underwritten, and sold in the form of securities [to Investors]." For more information about securitization, please visit our section Securitization.
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