This Article investigates the issues stemming from improper securitization of mortgage-backed securities and the effect not only on the banking industry but also on foreclosures brought by securitized trusts. Problems created by subprime-mortgage lending and securitized trusts have led to questions regarding proper standing in foreclosure actions by virtue of the banks’ failure to properly securitize mortgages. These problems affect trusts, which now lack standing to foreclose on loans the trusts thought they owned but in reality do not. Despite the right of a mortgage lender to foreclose on borrowers who have failed to meet their financial obligations, defaulting borrowers have legal protections bestowed on them by the United States and Florida Constitutions. By showing the history of subprime-mortgage lending and the securitization crisis, this Article identifies the fundamental flaws in the mortgage-backed securities market and the key players that helped create these flaws, including Wall Street and the United States Government. Many mandatory steps exist in the process of creating a mortgage-backed security, and if not followed precisely, there are serious ramifications for all parties involved. This Article illuminates that in the majority of cases, not only did the banks fail to follow the proper steps initially, but they have also tried to fix their mistakes after the fact, resulting in further complications and confusion. Without following the proper steps, the banks cannot prove that they have standing to foreclose on defaulting borrowers. This Article concludes that while there is a right of a mortgage lender to foreclose on a borrower that has defaulted, basic legal protections prevent a lender from bringing a cause of action without standing, and if the courts were to fold on these rights in the name of judicial efficiency, this would compromise the judicial system’s integrity.