A collection of similar loans that are sold as a unit in the secondary market or used to back a security, ultimately sold in the capital markets.
The Securities and Exchange Commission (SEC) is a federal agency created in 1934 to enforce securities laws and regulate the securities industry, protect investors, maintain fair and efficient markets, and facilitate capital formation.
Securitization is the process of pooling various types of debt—including mortgages, car loans, or credit card debt—into packaged securities that can be sold to investors.
