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Re: goldcanyon341 post# 469570

Wednesday, 12/28/2016 10:35:39 PM

Wednesday, December 28, 2016 10:35:39 PM

Post# of 727754
Below is a short FDIC paper describing the structure of SPE/QSPEs and showing diagrams of how they work. This paper is for credit card receivables but is basically the same for mortgages, auto loans etc.

https://www.fdic.gov/regulations/examinations/credit_card_securitization/pdf_version/ch2.pdf
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