26-4 When a Special Purpose Vehicle (SPV)creates asset-backed securities,the SPV retains ownership of the original assets.

Name: 26-4 When a Special Purpose Vehicle (SPV)creates asset-backed securities,the SPV retains ownership of the original assets.
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When a Special Purpose Vehicle (SPV) creates asset-backed securities, the ownership of the original assets is transferred to the SPV, which then issues securities backed by those assets. The SPV does not retain ownership of the original assets.

26-4 When a Special Purpose Vehicle (SPV)creates Asset-Backed Securities,the SPV