asset backed securities credit, guarantee, default, business, should

grharmeyer

small business administration (SBA) securities are backed by full guarantee by U S govt so does that mean that they are default free???it is mentioned that all ABS are credit enhanced...according to me SBA should not be credit enhanced bcoz they are backed by full faith and credit of the US govt...plz help..im fnding this point very confusing..

benbenxiong

thanx a lot i know its not very important but im not able to move ahead if i find sum point confusing...i keep thinkin abt it over and over again...:p



Edited 1 time(s). Last edit at Saturday, April 23, 2011 at 12:28PM by chandni.kundra.