BLOG VIEW: Can a Mortgage Backed Security Chain (MBSChain) combined with MBS Crypto Currency (MBSCoin) transform the MBS market for better?
Absolutely. MBSChain is the MBS version of blockchain while MBSCoin is MBS’s digital currency. The table below shows the current and the new MBSChain delivery profile for securities, loan servicing, and guarantors and their differing values. Readers will recognize the profile as a FNMA/FHLMC delivery but with slight modification a GNMA or private