Sequence the following steps in the process of securitisation.
A. Special purpose vehicle (SPV) issue tradeble securities to find the purchase of pool of assets
B. SPV subcotracts (outsource) the originator for collection of intrest and principle payments on the pool of assets
C. SPV repay the funds to the investor or cashflow arise on the pool of assets
D. Originator maker a pool of assets and sold it to the SPV
E. SPV pays the funds the orgination for the pool of assets
Choose the correct answer from the options given below:
1
B, D, A, C, E
2
D, E, B, A, C
3
D, B, A, E, C
4
E, A, B, D, C