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Briefly explain
mortgage securitization and how it...
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Briefly explainmortgage securitization and how it contributed to the economiccrisis.
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Answer Mortgage securitization is done by combining individual mortgages like property or real estate buildings which are of similar characteristics to form a pool of mortgages and these are sold as debt securities that are compensated by interest on principal payments from the pool of mortgages The process of securitization helps in converting these illiquid assets like property and buildings or houses that are pledged as individual mortgages into securities and stocks that can be traded on stock exchanges in secondary markets There are different fed backed organizations like Fannie Mae Freddie Mac which are registered agencies with Federal Housing
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