Category Archives: non-securitized mortgage

Non-securitized mortgage flow chart

Exploring the current foreclosure crisis One of the major issues that will be in the spotlight moving forward will be the foreclosure of mortgages that were bundled and sold as REMIC’s, mortgage backed securities (MBS), and collateralized mortgage obligations (CMO’s). It is likely that for many of these mortgages that were sold and then resold, […]