Udlån som er afhændet via en opmagasineringsfase (»warehousing«) under en securitisation (når securitisationen endnu ikke er afsluttet, fordi værdipapirer eller lignende instrumenter endnu ikke er udstedt til investorerne) behandles, som om de allerede var securitiserede.
Loans disposed of during a warehousing phase in a securitisation (when the securitisation is not yet completed because securities or similar instruments have not yet been issued to investors) are treated as if they were already securitised.