mortgage simple definition: Securitization

Securitization

Securitization. Mortgage Securitization Analyst, IRS 1031 Like Kind Exchange w/ Michael Carrigan & Damion Emholtz

Securitization video duration 36 Minute(s) 19 Second(s), published by Audiopedia on 13 08 2014 - 02:28:57.

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit Mortgage Backed Securities Explained - 2016 mortgage backed securities explained mortgage loans, mortgage loan originator training, mortgage companies, .

with Guest Speaker Marie McDonnell The Mortgage Securitization Auditor Training Certification Class
Sponsored by Certified Forensic Loan Auditors "CFLA" is Who Really Owns Your Mortgage? Do You Have a MERS Mortgage? http://www.IsMERSInYourMortgage.com This video contains all the pertinent topics of An introduction to CFLA's Bloomberg & Securitization Analyst Training
The following topics are discussed: Mortgage Securitization, terminology, and borrower .

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations and selling said consolidated debt as bonds, pass-through securities, or collateralized mortgage obligation (CMOs), to various investors. The principal and interest on the debt, underlying the security, is paid back to the various investors regularly. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).
Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.

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