TITLE

With scrutiny, FDIC eyes credit card accrued interest receivable

AUTHOR(S)
Gregory, Michael
PUB. DATE
March 2002
SOURCE
Asset Securitization Report;3/18/2002, Vol. 2 Issue 11, pN.PAG
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the U.S. Federal Deposit Insurance Corp.'s scrutiny of so-called accrued interest receivables, subordinated receivables generated throughout the life of credit card secutitizations. Use of accrued interest receivables as credit enhancement for senior notes; Application of capital rules.
ACCESSION #
13094565

 

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