Small-Business Securitization Poised to Gain More Attention From Investors
March 21, 2003
The securitization market for small-business loans is mispriced given the structure of these transactions, their credit enhancement, the historical performance of collateral and the high quality of issuers, according to a new study by Wachovia Securities. The investment banking firm says the small-business loan sector has not gained wide recognition from the investment community because of its relatively small scale and the fact that many transactions