Definitions
There is 1 meaning of the phrase
Mortgage-Backed Security.
Mortgage-Backed Security - as a 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 government
Example Sentences
"The bank sold a mortgage-backed security to diversify its investment portfolio."
"The mortgage-backed security market experienced a sharp decline after the housing bubble burst."
"The mortgage-backed security market offers opportunities for both institutional and individual investors."
"A mortgage-backed security represents a claim on the cash flows from a pool of mortgage loans."
"The mortgage-backed security market provides liquidity for mortgage lenders."
