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The role of securitization in mortgage lending
Abstract: Recent media coverage on the problems in the subprime mortgage market has featured an alphabet soup of abbreviations, such as MBS, CDO, and SIV. What do these terms stand for? And how do they fit into the mortgage financing process?
Keywords: Mortgage-backed securities; Mortgage loans;
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File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2007/cflnovember2007_244.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2007
Issue: Nov
Order Number: 244