The process of pooling mortgages or other types of loans and selling the claims or securities against that pool in the secondary market is called ________.

Question

Quizplus · Accepted Answer

The process described in the question is securitization, which involves bundling loans together and selling them as securities in the secondary market. Valuation refers to the process of determining the value of an asset or a company, while private placement involves the sale of securities directly to investors without a public offering. Capital restructuring involves changing the composition of a company's capital, such as issuing new equity or debt securities.

The Process of Pooling Mortgages or Other Types of Loans