Mortgage pool tokenization
Mortgage pool tokenization turns a pool of mortgage loans into permissioned digital securities. PazaLabs places the loans in a Trust or SPV, issues ERC-3643 tokens backed by the pool's cash flows, and splits them into senior, mezzanine and junior tranches that are paid through an on-chain waterfall.
What mortgage pool tokenization does
On-chain securitization for mortgage originators and aggregators who need to free up balance-sheet capital without losing regulatory standing. PazaLabs pools mortgage loans into a Trust/SPV, issues ERC-3643 tokens backed by the pool's cash flows, and structures them into senior, mezzanine, and junior tranches with fully transparent waterfall mechanics.
Who it's for
- Mortgage originators seeking balance-sheet liquidity
- Aggregators managing multi-originator loan pools
- Asset managers needing compliant fixed-income exposure
- Regional banks looking to offload mortgage risk
How a mortgage pool is tokenized, step by step
- 1
Asset Origination & Pooling
Loans are originated, underwritten, and pooled. GenAI-RAG validates documents and scores the pool.
- 2
SPV / Trust Formation
An SPV or Trust holds the mortgage pool, isolating assets from originator credit risk.
- 3
Tranche Structuring
Senior, mezzanine, and junior tranches with waterfall mechanics encoded in the smart contract.
- 4
ERC-3643 Token Issuance
Permissioned tokens issued on-chain. Transfer rules enforce KYC/KYB/AML compliance.
- 5
On-Chain Cash Flows
Payments distribute automatically via the waterfall and report transparently to holders.
Ready to tokenize your assets?
Book a session with our structuring team and we'll scope the right asset class and legal wrapper for your use case.