Securitization studies have gone through various twists and turns 12. Securitization is illegal jean keating transcript scribd. How to keep 100% of your earnings tax and common law word docx. Michael young sorry about the confusion this morning, this is exactly the reason why we try to coordinate this stuff ahead of time so we can get a clue on how many people are coming because we only heard from. Schwarcz2 securitizationor, as it is spelled in europe, securitisationrefers to a category of financing transactions in which companies sell rights to payment under mortgage loans, accounts receivable, lease rentals, or. A brief history of securitization the economic populist. Importantly, he describes what he sees as the essential elements of a securitization, its inputs payment rights, structure bankruptcyproof legal isolation, and outputs securities. Request pdf securitization of life insurance assets securitization is one of the most important innovations of modern finance. Establishment of a separate entity, or bankruptcy remote vehicle page 8. Jack smith jean keating transcript securitization is illegal, it is only illegal for private corporations. The following is an aggregated list of documents to help further your private education.
The contract should be rescinded because the creditor does not provide full disclosure. So what they are actually doing is using the prisoners as a surety for all these bonds. Not to be considered legal advice use at own risk no. My hunch is that there are essentially three fertile terrains for securitization studies. Dividing securitization into inputs, structure, and outputs is rhetorically if not also. Securitization of life insurance assets request pdf researchgate. With a comprehensive and flexible legal, regulatory and fiscal framework, the law encourages securitization business in luxembourg and purports to facilitate capital market transactions andor intragroup transactions as well as combination of both.
A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Securitization is illegal jean keating transcript free download as pdf file. Schwarcz2 securitizationor, as it is spelled in europe, securitisationrefers to a category of financing transactions in which companies sell rights to payment under mortgage loans, accounts receivable, lease rentals, or other types of incomeproducing. Ralph winterowd interviews jean keating december 12, 2020 december 19, 2020. Letter of rogatory by jean keating the turiya files 14.
Jean keating on marc lucas my private audio talkshoe call episode 306 mp3 02262015 video. Securitized financial instruments, or actually securitization, has been around for at least several centuries, and whenever it becomes widely used a great depression, or economic meltdown, ensues. Jun 25, 2019 securitization is the fancy title for the selling of a pool of assets to a trust, which turns around and finances the purchase by selling securities to the market. Jean keating transcript securitization is illegal, it is only illegal for private corporations. The repayment of securities is solely dependent on the performance of the assets securitization delinks the credit risk of the issuer from the securitization transaction.
The mechanics of securitization the pooling process page 7. It is vital to download and store important books and reports. March 2, 2017 episode 410 f or classes go to jeans web site jean keating law. Asset are originated through receivables, leases, housing loans, or any other form of debt by a. Introduction this paper analyzes securitization and more generally special purpose vehicles spvs, which are now pervasive in corporate finance.
Transcribed by rockney martineau 122504 jean keating. Jean keating debt on debt collection counterclaim jean keating counterclaims to debt collection notes on how to use commercial law to respond to debt collectors with a counterclaim. Asset are originated through receivables, leases, housing loans, or any other form of debt by a company and funded on its balance sheet. Why nano silver fails nanoparticle colloids are not the best option anymore, there are. Scribd is the worlds largest social reading and publishing site. The securitization process involves following steps. Also there is no standard form for securitization documents as they vary depending on local laws and regulations, investors requirements, and structure of the process. The update video fixed eft, a4v, setoff and without recourse bringing it all together. Journalists, analysts, and investors alike have raised specific concerns over yieldcos, publicly listed vehicles that own renewable energy assets such as wind and solar projects. Securitization is the fancy title for the selling of a pool of assets to a trust, which turns around and finances the purchase by selling securities to the market.
Ian giddy stern school of business new york university asset backed securities. Jul 21, 2014 jean keating and jack smith have been teaching how to use commercial law to respond to debt collectors with a counterclaim. Perhaps, the past offers a glimpse of what the future might bring. Jean keating seminar surety bond debits and credits scribd. Home jean keatings law school jean keating law school. The process of homogenizing financial instruments into fungile securities, so that they are sellale on the securities market. Jean keating and jack smith have been teaching how to use commercial law to respond to debt collectors with a counterclaim. Securitization of credit card receivables is an innovation that has found world wide acceptance. A statute is defined in blacks 4 th edition revised as a kind of bond or obligation of record, being an abbreviation for statute merchant or statute staple. It is therefore tricky to offer a longterm perspective on the topic. Jean keating teaches commercial law seminar topics, including the power of the counterclaim. Introduction to the ucc john knox and jean keating four. Securitization market services deloitte luxembourg. Heel is you pdf trover roll over pdf what happens in court a treatise pdf.
Introduction to the ucc john knox and jean keating. Nov 14, 2012 jean keating counterclaims to debt collection. Download jean keating prison treatise pdf pdf epub ebook. This document, which includes jean keatings counterclaim to a debt collector, is the best summary available on the subject.
Securitization jack smith jean keating transcript securitization is illegal, it is only illegal for private corporations. Guest speakers information john stuart david clarence. The first draft of a securitization agreement is the first step in a long journey. Bob hurt analyzes jean keating comments on winterrowd show jean keating, foreclosure defense guru not really. Take some time to educate yourself and embrace the freedom of knowledge. Worthless for foreclosure defense get a mortgage exam instead. I want to start out by saying that to win in court you have to know what goes on in court. Securitization is the pooling of cash flows and the issuance of securities backed by underlying assets. Bob hurt analyzes jean keating comments on winterrowd show. Notes on how to use commercial law to respond to debt collectors with a counterclaim. This is the foundation for that bandied about term, shadow banking. In europe, total securitization issuance declined to a 10year low in 20, more.
Read more at the slave trading headquarters, the dtcc. Jean keating debt on debt collection counterclaim understand. Understanding securitisation page 4 of 23 1 background and definition securitisation is part of structured finance. Securitization is illegal, it is only illegal for private corporations. When you sign a mortgage note it comes under ucc article 3. Civil law, or civilian law, is a legal system originating in europe, intellectualized within the framework of roman law, the main feature of which is that its core principles are codified into a referable system which serves as the primary source of law. The process of homogenizing financial instruments into fungible securities, so that they are sellable on the securities market. Agenda overview history what is securitization mortgages and mbs prepayments credit legal structure nonmortgage abs. Pdf the congress shall have power to dispose of and make all. Model guide to securitisation techniques february 2010 4 slaughter and may balance sheet see above, balance sheet benefits or required to be included in the institutions regulatory returns, the institution can reduce the amount of capital it needs to hold and the associated expense, or can use that capital to create new business. Jean keatings prison treatise private side solutions.
But he would have done better now that he knows more about it. Educational material presented in good faith as public service. An innovation in renewable energy finance abstract recent developments have cast a pall over financial innovation in renewable energy. Keating seminar transcription freedom school texas. Jean keating court jurisdiction and 1099 oid duration. Jean keating explains dtcc, notes, certificates, bonds, etc. Accordingly this guide should be used by mfis as general guidance. B2b, 62808 proof assets immune from bankruptcy of seller originator retains no legal interest in assets typically structured into various classestranches, rated by one or more rating agencies reference portfolio collateral senior tranches junior tranche underlying assets issues assetbacked. The law of 22 march 2004 the law lays the foundations for the securitization vehicles in luxembourg 1.
Jean keating brought a rico suit against a bank, but it was thrown out. Jack smith introduced this subject with his monday night series on securitization in september. It is a financing technique by which homogeneous incomegenerating assets. Jean keating transcriptsecuritization 101 private side. The counterclaim as taught by jean keating, is based on several defenses. After your pdf form is completed, it can be printed, emailed, faxed or saved on your. Jan 18, 20 jean keating, who we adore for his inspirational wisdom, lectures every week.