What Is Securitization?

07 Dec What Is Securitization?

The Denver Post published a simple GRAPHIC that is a best explanation of securitization I have seen any where. Securitization is defined by the Post as Wall Street buying subprime mortgages and packaging them as mortgage-backed securities to sell to investors amd is at the heard of the subprime housing market implosion.

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Jill Michaux has helped Kansas consumers with debt problems for three decades. She and her partner, Mark Neis, are Topeka's only bankruptcy specialists, board certified in consumer bankruptcy law by the American Board of Certification. She help start the National Association of Consumer Bankruptcy Attorneys.
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