Who Bears the Threat of Bad Debts in Securitization?

:max_bytes( 150000 ):strip_icc()/GettyImages-1176842719-898a36edbb934577a401b00713997e98.jpg)
Bad debts emerge when borrowers default on loans. But that risk can be apportioned in various ways, especially in securitized properties with pools or tranches.
Source

:max_bytes( 150000 ):strip_icc()/GettyImages-1176842719-898a36edbb934577a401b00713997e98.jpg)
Bad debts emerge when borrowers default on loans. But that risk can be apportioned in various ways, especially in securitized properties with pools or tranches.
Source