Securitized Mortgage

Securitized Mortgage

A mortgage that is packaged into a mortgage-backed security (MBS). One mortgage may be securitized over several MBSs, and each MBS contains many securitized mortgages. A securitized mortgage gives the holder of the security, rather than the bank originating the loan, the right a claim on the principal and interest payments on that mortgage. Mortgages are securitized to remove them from a bank's balance sheet (which reduces risk) and to improve its cash flow.
References in periodicals archive ?
Block's representative transactions include multi-state, multi-property portfolio financing, securitized mortgage loan origination, mezzanine financing, construction loan origination, loan participation and the sale and acquisition of commercial and hospitality properties.
However, many developing economies had different problems as they did not suffer so much from the banking crisis triggered by the American bad debts in the securitized mortgage business, but had to cope with the global reduction of credit as banks in the developed countries stopped lending.
He also strongly hinted that his committee will look closely at the securitized mortgage, a product widely considered a key contributor to the financial crisis.
The Moinian Group was reported late for at least the second time in five months in making a monthly mortgage payment on its struggling office building at 60 Madison Avenue at 27th Street, according to information from securitized mortgage tracking firm Trepp.
High arrears and defaults on securitized mortgage portfolio eroded the equity of the centralized lender as their subordinate loans to SPVs and their servicing portfolios lost value.
In the absence of government guarantees, regional differences in mortgage risk would be reflected in the pricing of securitized mortgage instruments.
Forte is a renowned practitioner in the area of complex real estate finance, on the origination, workout and enforcement of portfolio and securitized mortgage loans.
Unlike traditional mortgages, securitized mortgage transactions can be creatively and flexibly structured to appeal to a wide range of investors.
Secondary market participants including Fitch and S&P are also calibrated to rate securitized mortgage loan package issues when the underlying loans have been scored using the VantageScore model.
7, 2011) on the Residential Securitized Mortgage Market " audioconference to their offering.
2 billion securitized mortgage on the office portion of the building into special servicing so that the debt could be restructured.