Talk:Asset-backed security/to do

Comments to Asset-Backed Security page —Preceding unsigned comment added by 216.89.93.4 (talk) 18:10, 25 September 2007 (UTC)

The second paragraph under the heading "Credit Card Receivables" is a general comment on structures used in securitization, it has only a minor bearing on credit cards as some tweaks are made to the structure to accommodate credit card asset-class specific characteristics (revolving rather than static collateral pool). The second paragraph is better deleted and moved to the "Securitization Transaction" page. While the definition of asset-backed security at the top of the page from Reg AB is useful, the rest of the inclusions from that issuance are pretty random. It mentions lease-backed securities but ignores the much more important exclusion of CDO structures in general and synthetic CDOs specifically.