ABS Reports, part of the Jersey-based Mourant Group, is to offer an online information service for as...
ABS Reports, part of the Jersey-based Mourant Group, is to offer an online information service for asset-backed or mortgage-backed securities (ABSs or MBSs). The company hopes to encourage the development of a secondary market in an area where accurate information useful for product comparison has often been hard to find. Subscribers to the site will receive monthly updated information on the underlying receivables that are being securitised, information on the securities being issued by the Special Purpose Vehicle - especially as regards the payment priorities of the SPV - and advice o...
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