A financial institution that points comparable mortgage loans can pool them together and promote these to a government agency or an investment bank that securitizes the loans collectively into a security that buyers can buy. By the time score companies reacted to the apparent inadequacies of their modeling processes to adjust to the new market realities, an unprecedented large rankings correction was needed. On the other hand, securitization is when an illiquid pool of belongings is converted into liquid money or assets. The financial institutions/banks have limited capacity to disburse the funds.