Financial asset securitization investment trust
id:
financial-asset-securitization-investment-trust-312-11048945
title:
Financial asset securitization investment trust
text:
A financial asset securitization investment trust (FASIT) was a type of special purpose entity used for securitization of any debt and issuance of asset-backed securities, defined under section 1621 of the Small Business Job Protection Act of 1996, and repealed under section 835 of the American Jobs Creation Act of 2004. They were similar to a Real Estate Mortgage Investment Conduit (REMIC) but could also securitize non-mortgage debts, such as automobile loans and credit card debt. In the Enron
brand slug:
wiki
category slug:
encyclopedia
description:
FASIT: Financial Asset Securitization Investment Trust (1996, USA)
original url:
https://en.wikipedia.org/wiki/Financial_asset_securitization_investment_trust
date created:
date modified:
2024-02-22T06:22:31Z
main entity:
{"identifier":"Q5449690","url":"https://www.wikidata.org/entity/Q5449690"}
image:
fields total:
13
integrity:
14