over collateralization

over collateralization
( OC)
A type of credit enhancement used in some asset backed securities and some private mortgage backed securities. The principal amount of the collateral pledged for a given security exceeds to the principal amount of the security. American Banker Glossary

Financial and business terms. 2012.

См. также в других словарях:

  • over-collateralization — ( OC) A type of credit enhancement used in some asset backed securities and some private mortgage backed securities. The principal amount of the collateral pledged for a given security exceeds to the principal amount of the security. American… …   Financial and business terms

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  • Securitization — is a structured finance process, which involves pooling and repackaging of cash flow producing financial assets into securities that are then sold to investors. The name securitization is derived from the fact that the form of financial… …   Wikipedia

  • OC — ( overcollateralization/ over collateralization/ over collateralization) A type of credit enhancement used in some asset backed securities and some private mortgage backed securities. The principal amount of the collateral pledged for a given… …   Financial and business terms

  • Credit rating agencies and the subprime crisis — Main article: Subprime mortgage crisis Credit rating agencies played a very important role at various stages in the subprime crisis. They have been highly criticized for understating the risk involved with new, complex securities that fueled the… …   Wikipedia

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  • bootstrapping — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… …   Law dictionary

  • Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …   Wikipedia


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