Debt obligations that represent a claim on the cash flow from a pool of mortgage loans. Learn about their history, types, significance, and more.
A detailed explanation of Mortgage-backed Securities (MBS), a type of asset-backed security secured by a collection of mortgages, including its definition, types, applications, and historical context.
A Mortgage-Backed Security (MBS) is a type of asset-backed security that is secured by a collection of mortgages purchased by a government agency or investment bank. This security represents an ownership interest in a pool of mortgages.
