The practice of bundling mortgages or other loans into pools and selling shares of the pool as bond-like instruments is known as

Question

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The practice described in the question is securitization, which involves bundling loans together and selling shares of the pool as securities. Privatization involves the transfer of publicly owned assets to private parties, collateralization involves pledging an asset as security for a loan, and fractionalization involves dividing an asset or investment into smaller parts.

The Practice of Bundling Mortgages or Other Loans into Pools