Mortgage Securitization Flowchart

by Sam Glover on January 11, 2011

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!)

  • dave

    is the same for credit cards? i think one should be able to use the securtitization defense in CC lawsuit brought by the OC

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