Hi all,
do you know any good source where I can find more about modelling Asset Backed Securities (and more in general securitized products)? In particular, I am interested in the Waterfall mechanism, even if every deal has its own story. I know that it is mainly done by professionals on spreadsheets or by Financial Engineering companies but hope you can help me!
Hey theABSdude, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...
Fingers crossed that one of those helps you.
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