Asset Backed Security Stocks List

Related Stock Lists: Structured Finance ETF Exchange Traded Fund Mortgage Backed Security Security Bond Collateralized Debt Obligation Fixed Income Mortgage Loan U.S. Government Bond Market Mutual Fund Real Estate Investment Trust Residential Mortgage Backed Security Asset Management Services Bank Bank Loans Bear Market ETF Blackrock Debt

Recent Signals

Date Stock Signal Type
2020-05-29 AFIF Narrow Range Bar Range Contraction
2020-05-29 AFIF Cup with Handle Other
2020-05-29 AFIF NR7 Range Contraction
2020-05-29 AGO Fell Below 20 DMA Bearish
2020-05-29 AGO Fell Below 50 DMA Bearish
2020-05-29 BKT 20 DMA Support Bullish
2020-05-29 BKT MACD Bearish Signal Line Cross Bearish
2020-05-29 BKT Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2020-05-29 BNDC Upper Bollinger Band Walk Strength
2020-05-29 BNDC Gilligan's Island Sell Setup Bearish Swing Setup
2020-05-29 BNDC Cup with Handle Other
2020-05-29 BNDC Three Weeks Tight Range Contraction
2020-05-29 BNDC Wide Range Bar Range Expansion
2020-05-29 BNDC New 52 Week Closing High Bullish
2020-05-29 CIM Upper Bollinger Band Walk Strength
2020-05-29 CIM Stochastic Sell Signal Bearish
2020-05-29 DBL Pocket Pivot Bullish Swing Setup
2020-05-29 DMO 20 DMA Support Bullish
2020-05-29 DUC Pocket Pivot Bullish Swing Setup
2020-05-29 DUC Upper Bollinger Band Walk Strength
2020-05-29 DUC Cup with Handle Other
2020-05-29 EGF 200 DMA Support Bullish
2020-05-29 EGF Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2020-05-29 EGF 50 DMA Support Bullish
2020-05-29 FCVT Volume Surge Other
2020-05-29 FCVT Pocket Pivot Bullish Swing Setup
2020-05-29 FCVT 180 Bullish Setup Bullish Swing Setup
2020-05-29 FTSL Cup with Handle Other
2020-05-29 FTSL Upper Bollinger Band Walk Strength
2020-05-29 JAGG MACD Bullish Signal Line Cross Bullish
2020-05-29 JMM NR7-2 Range Contraction
2020-05-29 JMM NR7 Range Contraction
2020-05-29 JMM Narrow Range Bar Range Contraction
2020-05-29 JMUB NR7 Range Contraction
2020-05-29 JMUB Narrow Range Bar Range Contraction
2020-05-29 NEAR Cup with Handle Other
2020-05-29 NEAR Narrow Range Bar Range Contraction
2020-05-29 PKO Upper Bollinger Band Walk Strength
2020-05-29 QCRH Stochastic Sell Signal Bearish
2020-05-29 SCA NR7 Range Contraction
2020-05-29 SCA Narrow Range Bar Range Contraction
2020-05-29 SCA Upper Bollinger Band Walk Strength
2020-05-29 SCHZ Three Weeks Tight Range Contraction
2020-05-29 SCHZ MACD Bullish Signal Line Cross Bullish
2020-05-29 SCHZ Expansion Breakout Bullish Swing Setup
2020-05-29 SHG 180 Bullish Setup Bullish Swing Setup
2020-05-29 TWO Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2020-05-29 TWO Fell Below 20 DMA Bearish
2020-05-29 UITB 180 Bullish Setup Bullish Swing Setup
2020-05-29 UITB Upper Bollinger Band Walk Strength
2020-05-29 USTB Upper Bollinger Band Walk Strength
2020-05-29 USTB Narrow Range Bar Range Contraction

An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments and movie revenues.
Often a separate institution, called a special purpose vehicle, is created to handle the securitization of asset backed securities. The special purpose vehicle, which creates and sells the securities, uses the proceeds of the sale to pay back the bank that created, or originated, the underlying assets. The special purpose vehicle is responsible for "bundling" the underlying assets into a specified pool that will fit the risk preferences and other needs of investors who might want to buy the securities, for managing credit risk – often by transferring it to an insurance company after paying a premium – and for distributing payments from the securities. As long as the credit risk of the underlying assets is transferred to another institution, the originating bank removes the value of the underlying assets from its balance sheet and receives cash in return as the asset backed securities are sold, a transaction which can improve its credit rating and reduce the amount of capital that it needs. In this case, a credit rating of the asset backed securities would be based only on the assets and liabilities of the special purpose vehicle, and this rating could be higher than if the originating bank issued the securities because the risk of the asset backed securities would no longer be associated with other risks that the originating bank might bear. A higher credit rating could allow the special purpose vehicle and, by extension, the originating institution to pay a lower interest rate (and hence, charge a higher price) on the asset-backed securities than if the originating institution borrowed funds or issued bonds.
Thus, one incentive for banks to create securitized assets is to remove risky assets from their balance sheet by having another institution assume the credit risk, so that they (the banks) receive cash in return. This allows banks to invest more of their capital in new loans or other assets and possibly have a lower capital requirement.

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