SEKURITISASI ASET SEBAGAI PELUANG BISNIS DAN PENINGKATAN SOLVABILITAS PERUSAHAAN
Abstract: Securitization is a
recent innovation in asset sales. It involves the pooling and repackaging of
loans into securities that are then sold to investors. Securitization was
originated in 1970, when the Government National Mortgage Association (GNMA)
developed the GNMA pass-through, a mortgage-backed security. Since then
commercial banks, savings and loan associations, and various non-deposit-based
firms have securitized multifamily and commercial mortgage loans, automobile
loans, credit card receivable, various trade receivables, and other types of
assets. The benefits from securitization include protection from interest-rate
risk, increased liquidity and diversification for original lenders and for
investors; a more efficient flow of capital from investors to borrowers.
Securitization may enable institutions to attract long-term funds which are
more profitable than institutions using conventional tools, and it also
provides the originator with a new source of fee income from originating and
servicing the securitized assets.
Penulis: Vera Intanie Dewi
Kode Jurnal: jpakuntansidd060038
