Explain the steps in creating the mbss

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Reference no: EM133401421

Question: This question is about the securitization process, focusing on mortgage-backed securities (MBSs). Your answer should (i) briefly define the process and (ii) explain the steps in creating the MBSs (feel free to use the asset/liability balance sheets of the various participants in the creation process). For extra credit. discuss the major advantages and disadvantages of the mortgage securitization process.

Reference no: EM133401421

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