$[$Related to the Making the ConnectionLOADING...$]$ Commercial real estate loans are mortgages that use apartment$$ buildings, office$$ buildings, or other commercial real estate as collateral. An article in the New York Times discussing the securitization of commercial real estate loans makes the following$$ observation:

The boom in commercial$$ mortgage$-$backed securities in the middle of the last decade provided a lot of money for$$ underwriters, enabled banks to earn fees from making and servicing bad loans and allowed property owners to withdraw large amounts of cash. The losers were the investors....

$$Source: Floyd$$ Norris, "Commercial Mortgages Show How Bad It$$ Got," New York Times$,$ July$5,2012.$

Part $2$

What is$$ securitization$?$

A$.$

The process of converting securities that are not tradable into securities that are tradable.

B$.$

The process of converting loans and other financial assets that are not tradable into securities$.$

C$.$

The practice of$$ "securing" payments from borrowers by requiring a pledge of collateral.

D$.$

The practice of insuring assets against default loss.