Miscellaneous
What's a mortgage back security?
1
Answer
A mortgage-backed security is a type of asset-backed security which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals that securitizes, or packages, the loans together into a security that investors can buy.
LIVE
Points
4
Rating
Want to help make Alexa smarter?
Alexa was not able to answer this question until the person above taught it how to. Have a go at answering questions that Alexa still cannot answer today and watch your answers get shared to Alexa users!
Sign in with Amazon