________ is the packaging of assets or obligations such as mortgages or car loans,into securities for sale to third parties.

Question

Quizplus · Accepted Answer

Asset securitization is the process of packaging assets, such as mortgages or car loans, into securities for sale to third parties. The securities are created by pooling together assets with similar characteristics and issuing bonds or other securities backed by those assets. The process is commonly used in the mortgage industry, where mortgages are securitized and sold to investors as mortgage-backed securities.

________ Is the Packaging of Assets or Obligations Such as Mortgages