Mortgage Securitization

Some articles on mortgage securitization, mortgage, mortgages, securitizations:

Moral Hazard - Finance
... Many have argued that certain types of mortgage securitization contribute to moral hazard ... Mortgage securitization enables mortgage originators to pass on the risk that the mortgages they originate might default and not hold the mortgages on their balance sheets and assume the risk ... In one kind of mortgage securitization, known as "agency securitizations", default risk is retained by the securitizing agency that buys the mortgages from ...

Famous quotes containing the word mortgage:

    We are playing with fire when we skip the years of three, four, and five to hurry children into being age six.... Every child has a right to his fifth year of life, his fourth year, his third year. He has a right to live each year with joy and self-fulfillment. No one should ever claim the power to make a child mortgage his today for the sake of tomorrow.
    James L. Hymes, Jr. (20th century)