Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
Information in Financial Contracts: Evidence from Securitization Agreements
Brent W. Ambrose, Yiqiang Han, Sanket Korgaonkar, and Lily Shen ♦ We introduce a novel application of machine learning to compare pooling and servicing agreements (PSAs) that govern commercial mortgage-backed securities. In contrast to the view that the PSA is…