English: An overview of mortgage backed security CMLTI 2006 - NC2, the actors involved, and the fees charged; all based on the investigations of the US FCIC Source: Adapted from FCIC (story of a CDO) - dark blue are the final counterparties of the deal, light blue are marginal parties to the deal, orange and purple are the producer and evaluaters of asset information, Citicorp and its special purpose vehicle are at the center of the trade, green are managing agents/servicers, black are sources of leverage funding