From Bowie Bonds to Mortgage Loans: A Securitization Primer
By Felipe Ossa April 18, 2016
Eight years after the financial crisis most business journalists still don’t really know how mortgage-backed securities are made. That process, called securitization, plays a big role in not just in mortgage loans but in many other parts of the global economy. Great stories can be hidden behind trends in securitization. Here’s what you should know about how it works.