Which of the following statements regarding securitization is least accurate ?
A.
Securitization gives originating banks greater incentive to approve and monitor loans carefully.
B.
Securitization enabled the originate-to-distribute banking model.
C.
Securitization may allow institutional investors to indirectly hold assets that they are prevented from holding directly.
D.
Securitization enables an originating institution to transfer the default risk of the underlying pool of assets.