A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage, or more commonly a collection (`pool`) of sometimes hundreds of mortgages. The mortgages are sold to a group of individuals (a government agency or investment bank) that `securitizes`, or packages, the loans together into a security that can be s...
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A security, backed by one or more... <a target=_blank href='http://www.finance-glossary.com/terms/mortgage-backed-security.htm?id=959&ginPtrCode=00000&PopupMode=false' title='Read full definition of mortgage backed security'>more</a>
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A kind of investment backed by mortgage loans that have been packaged into pools in the secondary mortgage market. Payments on the mortgages generate the return on investment for the people who invest in these securities.
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http://www.nolo.com/dictionary/mortgage-backed-security-term.html
[
n] - a security created when a group of mortgages are gathered together and bonds are sold to other institutions or the public
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noun 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 g...
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https://www.encyclo.co.uk/local/20974
(MBS) Mortgage-backed securities (MBS), sometimes called mortgage-related securities, are bonds that represent an investment in a group of home loans. These asset-backed securities are formed when lending banks bundle their mortgages into pools and sell them to investment banks or government agencies in the form of a bond. These banks catego...
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