What is MORTGAGE-BACKED SECURITY? What does MORTGAGE-BACKED SECURITY mean?

What is MORTGAGE-BACKED SECURITY? What does MORTGAGE-BACKED SECURITY mean?. Mortgage Definition

What is MORTGAGE-BACKED SECURITY? What does MORTGAGE-BACKED SECURITY mean? video duration 5 Minute(s) 19 Second(s), published by The Audiopedia on 04 04 2017 - 04:30:01.

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The second mortgage is the second company in line to get money when a house is sold
Remember, a mortgage ties "the debt to the dirt." If the house sells for I created this video with the YouTube Slideshow Creator Mortgage Definition
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Thanks for A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for .

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What is MORTGAGE-BACKED SECURITY? What does MORTGAGE-BACKED SECURITY mean? MORTGAGE-BACKED SECURITY meaning - MORTGAGE-BACKED SECURITY definition - MORTGAGE-BACKED SECURITY explanation.

Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license.

A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection 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 investors can buy. The mortgages of an MBS may be residential or commercial, depending on whether it is an Agency MBS or a Non-Agency MBS; in the United States they may be issued by structures set up by government-sponsored enterprises like Fannie Mae or Freddie Mac, or they can be \