Mortgages and Securitization
Lecture no. 22 from the course: Financial Literacy: Finding Your Way in the Financial Markets
Taught by Professor Connel Fullenkamp | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
What happens to your mortgage after you buy a home? Solve this mystery as you investigate the mortgage market and why the securitization process—in the housing market and elsewhere—is attractive for both borrowers and lenders. Learn why mortgage-backed securities exist and how Fannie Mae and Freddie Mac operate.