Consumer Law

Mortgage Securitization Flowchart

By Sam Glover

This is how one mortgage—the mortgage of the creator of this chart—was securitized. It’s simple, really. Or not. Here’s the big-enough-to-read version, if you think that will help.

Don’t miss the black hole:

(Thanks, Consumerist!)

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Full post as published by Caveat Emptor on January 11, 2011 (boomark / email).