• 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 (5,289 words) - 22:55, 18 September 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 (3,009 words) - 12:12, 21 September 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...
    31 KB (4,379 words) - 20:03, 5 October 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) - 17:28, 23 September 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
  • 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 (7,250 words) - 05:36, 19 October 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) - 22:03, 26 October 2024
  • Thumbnail for Freddie Mac
    them, and sells them as a mortgage-backed security (MBS) to private investors on the open market. This secondary mortgage market increases the supply...
    49 KB (5,194 words) - 22:04, 26 October 2024
  • guarantee mortgage backed securities against homeowner default risk, thus reducing the credit risk associated with mortgage notes. Mortgage note buyers...
    11 KB (1,335 words) - 03:39, 17 May 2024