procedure
The process of securitizing subprime mortgages involves mortgage originators lending to subprime borrowers, pooling those mortgages, selling the pool to mortgage-backed securities (MBS) issuers, who then securitize the mortgages and sell them to investors.
Authors
Sources
- Financial Ethics 101: Predatory Lending - Seven Pillars Institute 7pillarsinstitute-org.sevenpillarsconsulting.com via serper
Referenced by nodes (1)
- subprime mortgages concept