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 Welcome to www.journalofcreditrisk.com |
Welcome to the Journal of Credit Risk website. The only international refereed Journal focusing on the measurement and management of credit risk.
Through the website, www.theJournalofcreditrisk.com, you can access the full Journal of Credit Risk archive - you can view a full comprehensive title and author list.
Visitors to the Journal of Credit Risk’s website are able to submit papers for review, subscribe to the Journal, renew their subscription and order back issues.
An annual subscription to the Journal of Credit Risk includes 4 hard-copy issues and unlimited on-line access to our full archive library of research papers.
If you have any questions or comments about the Journal of Credit Risk or the website please contact us. |
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Letter from the Editor-In-Chief
Ashish Dev
As we rolled over from the mortgage credit-related woes of 2007 into the first
quarter of 2008, a new aspect of credit risk emerged. Monoline insurers have
traditionally been offering insurance to back up municipal and other bonds. The
wrap or guarantee provided would bring up the credit rating of the bond to
AAA. Over the past decade, the monoline insurers have been providing guarantees
against the chance that certain reference entities would default, by writing
protection on credit default swap (CDS) contracts. These reference entities are
often complex bundles of mortgage-backed assets – portfolio of RMBS tranches
or super-senior collateralized debt obligation (CDO) with RMBS tranches as
underlying. |
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www.journalofcreditrisk.com |
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