Major Sectors of the Asset Backed Securities Market - Online

This introductory course guides students through the evolution of asset securitization, which results in new products for investors and expanded sources of funding and risk transfer opportunities for issuers. The course explores the different ABS market segments, from the large, established segments like automobile loans, to emerging and sub-prime market segments.

This course replicates the content from lesson 3 of Asset Backed Securities - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.


Newcomers to the bond markets, institutional sales staff, sales and capital markets assistants.
Students will be able to:
  • Identify the differences between the MBS and ABS markets.
  • Identify the structure, sources of income and risks of credit card ABSs.
  • Describe how auto loan ABSs are structured.
  • Recognize the structure, risks and credit enhancements of Home Equity Loan (HEL) ABSs.
  • Describe how Collateralized Debt Obligations (CDO) work.
Major Sectors of the Asset Backed Securities Market
  • Mortgage-backed securities
  • Credit card receivables
  • Auto loans
  • Home equity loans
  • Equipment leases
  • Collateralized debt obligations