a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public; investors receive a portion of the interest payments on the mortgages as well as the principal payments; usually guaranteed by the government
English language
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mortgage-backed security::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | certificate, security |
Examples of mortgage-backed security
mortgage-backed security
In return, the government will hold riskier mortgage-backed assets as security.
From the washingtontimes.com
When a bank makes a mortgage, they sell a mortgage backed security on the backend.
From the curiouscapitalist.blogs.time.com
Yet how is that any better than doing the same for a mortgage-backed security?
From the theatlantic.com
The mortgage-backed security that held her loan also was weakening.
From the sacbee.com
Covered bond financing works a lot like a mortgage-backed security.
From the sacbee.com
Does this not sound like the mortgage-backed security scheme of 2008?
From the forbes.com
So a bundle made up of mortgages would be a mortgage-backed security.
From the economist.com
The servicer works under the authority of an agreement with the mortgage-backed security trustee.
From the omaha.com
Those snap judgments are about as reliable as the credit rating on a mortgage-backed security.
From the economist.com
