SECURITIZATION AUDIT REPORT

Mortgage Securitization is that the bundling or pooling of an outsized cluster of mortgages that are placed into a trust within which shares of the trust are sold to investors. typically the whole pool is sold to one investment entity or an outsized institutional investor. usually these mortgages are sold many times before being placed during a final trust. This method needs that there are true sales and an unbroken chain of assignments between all parties within the method which all loans enter the trust by the deadline, that is sort of a steel door that can't be opened once the deadline... A securitization audit is an audit is performed to trace the paper path from the mortgage and note to the servicer of the trust account. This audit confirms whether or not or not a correct assignment befell on a Mortgage and Note from the originator to the trust account or note holder.

Also known as: Securitization Audit Reports