Non-Agency Mortgage Securitization Channels Tout Advantages, Look for More Efficiency
October 24, 2003
Issuers of non-agency mortgage-backed securities should be focusing on the securitization process and work with mortgage originators to eliminate redundancies and foster innovative products, a panel of experts said. “The majority of the attention is around the whole mortgage origination process,” said Eric Scholtz, executive vice president for capital markets at GMAC Residential Funding Corp. “There’s still a tremendous amount of redundancy that occurs between