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
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
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
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
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
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
Fannie Mae (redirect from Federal National Mortgage Association Charter Act)
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
Freddie Mac (redirect from Federal Home Loan Mortgage Corporation (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