Who or what is (are) the legal asset owner(s) behind home mortgage securitization?

Question

Quizplus · Accepted Answer

The legal asset owners behind home mortgage securitization are typically special purpose vehicles (SPVs). These are entities that are created specifically for the purpose of holding and managing a pool of mortgages that have been packaged together and sold to investors as securities. The SPV is the legal owner of the mortgages, and it is responsible for paying out interest and principal payments to investors. This structure allows for the risk associated with the mortgages to be spread out among multiple investors.

Who or What Is (Are) the Legal Asset Owner(s) Behind