Difference between loans sold with and without recourse


Response to the following questions:

1. Why have FIs been very active in loan securitization issuance of pass-through securities while they have reduced their volume of loan sales? Under what circumstances would you expect loan sales to dominate loan securitization?.

2. What is the difference between loans sold with recourse and without recourse from the perspective of both sellers and buyers?

 

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Financial Accounting: Difference between loans sold with and without recourse
Reference No:- TGS02098811

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