Method for securitizing retail lease assets

摘要: The present invention provides a new form of financial instrument for securitization retail automotive and light truck lease assets. is supported by secured notes that are separately independently first priority perfected lien on each related vehicle (to protect the investment entity which creates securities sold to investors 27 and, thereby, ). method creating includes leasing company. company then acquires leases from dealers. In one embodiment invention, termination value guarantees can be obtained. A asset issued fund acquisition leases. nominee titleholder registered created leased vehicle. transferred securities-issuing entity. security backed pools assets offered via public offering or an exempt private placement transaction.