• Thumbnail for Mortgage-backed security
    A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages...
    40 KB (5,251 words) - 01:00, 6 June 2024
  • Thumbnail for Commercial mortgage-backed security
    Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security backed by commercial and multifamily mortgages rather than residential...
    9 KB (1,231 words) - 15:57, 16 May 2024
  • Thumbnail for Residential mortgage-backed security
    Residential mortgage-backed security (RMBS) are a type of mortgage-backed security backed by residential real estate mortgages. Bonds securitizing mortgages are...
    25 KB (3,008 words) - 23:14, 7 January 2024
  • Thumbnail for Subprime mortgage crisis
    securities. The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially...
    297 KB (34,080 words) - 11:53, 15 August 2024
  • An asset-backed security (ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified...
    30 KB (4,381 words) - 05:27, 9 August 2024
  • Thumbnail for Government National Mortgage Association
    to provide mortgage funds for homebuyers ever since. Today, Ginnie Mae securities are the only mortgage-backed securities that are backed by the "full...
    9 KB (964 words) - 19:26, 26 June 2024
  • asset-backed security (ABS). Originally developed as instruments for the corporate debt markets, after 2002 CDOs became vehicles for refinancing mortgage-backed...
    72 KB (9,157 words) - 04:49, 16 July 2024
  • Thumbnail for Mortgage
    an interest in the mortgage through a mortgage-backed security. In such a situation, the initial lender is known as the mortgage originator, which then...
    55 KB (7,253 words) - 16:43, 11 August 2024
  • mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage...
    11 KB (1,186 words) - 19:49, 1 June 2024
  • Thumbnail for Fannie Mae
    purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest...
    73 KB (8,397 words) - 02:27, 15 August 2024