What is a Mortgage Backed Security?. Mortgage Backed Securities (MBS)
What is a Mortgage Backed Security? video duration 1 Minute(s) 50 Second(s), published by Richie on 19 03 2012 - 23:56:07.
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Do you have a MERS Mortgage?
Go to : http://www.ismersinyourmortgage.com/ for a FREE INTRO COPY!
Do you know what happened to your mortgage at the closing table?
A mortgage-backed security (MBS) is a securitized interest in a pool of mortgages. It is a bond. Instead of paying investors fixed coupons and principal, it pays out the cash flows from the pool of mortgages. The simplest form of mortgage-backed security is a mortgage pass-through. With this structure, all principal and interest payments (less a servicing fee) from the pool of mortgages are passed directly to investors each month.
Other Video about What is a Mortgage Backed Security?:
Mortgage Securitization Auditor Training Certification Class - Newark, NJ - May 23-25, 2014
The Mortgage Securitization Auditor Training Certification ClassSponsored by Certified Forensic Loan Auditors "CFLA" is a comprehensive training certification .
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