Monthly Archives: December 1996

Securitization: A Low-Cost Sweetener for Lemons

By CLAIRE A. HILL * Washington University Law Quarterly | Winter, 1996 | Vol. 74, No. 4, 1996 I. Introduction Securitization 1 was invented in the early 1970s. 2 Since then, the transaction volume has exploded. By the end of … Continue reading