Mortgage-Backed Securities (MBS) Definition: Types of Investment.
What are Mortgage-Backed Securities (MBS)? Mortgage-backed securities (MBS) are a type of debt security that is backed by a pool of mortgages. MBS are created when a lender sells a group of mortgages to an investment bank, which then packages the mortgages into a security and sells it to investors. MBS are attractive to investors … Read more