The process of packaging and/or selling mortgages which are then used to back publicly traded debt securities is called

Question

Quizplus · Accepted Answer

The process described is known as securitization, where mortgages are pooled together and packaged as a security to be sold to investors. This allows for the original lender to offload the risk of the mortgages and create a new investment opportunity for buyers.

The Process of Packaging And/or Selling Mortgages Which Are Then