securitization by Andreas Jobst available at: https://www

Business Sep 12, 2020

securitization by Andreas Jobst available at: https://www.imf.org/external/pubs/ft/fandd/2008/09/pdf/basics.pdf Question: show the effect of securitization
(you can draw a new diagram here). Atif Mian and Amir Sufi write that by securitizing debt
mortgages and not securitizing shared responsibility mortgages, the govt. tilts the field in
the favour of debt mortgages. Briefly explain this statement.