Residential Real Estate Securitization Through 
the Eyes of the Blockchain

Residential Real Estate Securitization Through the Eyes of the Blockchain

Back in 2016, as I was about to leave Fannie Mae, the company was developing a securitization platform with its primary competitor, Freddie Mac.  Today the Common Securitization Platform (the firms aren’t known for their creative branding) issues a uniform mortgage-backed security (UMBS).  Mortgage-backed securities are an investment instrument backed by the cash flow of pools of residential mortgages. The new security is aimed primarily at increasing liquidity of…