You are a finance employee at a financial institution

You are a finance employee at a financial institution

You are a finance employee at a financial institution, specializing in originating auto loans in a country where auto loans have only been available for 2 years. Your group has just been informed that a close competitor has securitized $150 million in auto loans through an investment bank.



Your boss wants to understand why the competitor did this. Explain.
He also wants to understand the potential benefits for the following:
the issuer
the investors buying the ABS
the individual borrowers seeking auto loans
He also wants to know the likely impact to the auto loan market in this country if a large, liquid ABS market emerges over the next few years.


Please submit your assignment.



Grading Criteria

Content Development: Demonstrates use of appropriate, relevant, and innovative content. All requirements of the assignment are met. 40%

Critical Analysis: Demonstrates ability to evaluate, integrate, and critique a wide range of options, beliefs, abstract ideas, and data to inform judgment, identify and solve problems, and where appropriate, propose new hypotheses. 20%

Research and Information Literacy: Demonstrates selection and use of high-quality, credible, and relevant sources to develop ideas that are appropriate to the assignment. Sources are consistently cited according to required documentation. 20%

Grammar, punctuation, spelling and other mechanics of the English language: Demonstrates correct use of grammar, spelling, punctuation, and other mechanics of the English language.