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
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 (3,008 words) - 23:14, 7 January 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) - 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
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 (7,253 words) - 16:43, 11 August 2024
Collateralized debt obligation (redirect from Collateralized debt obligations and the subprime mortgage crisis)
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
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) - 02:27, 15 August 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 (5,146 words) - 17:54, 3 August 2024