Mortgage-backed securities

(MBS).

Mortgage-backed securities are bonds representing interests in loans secured by mortgages on residential or commercial property.

The investors have the right to interest and principal repayments from the mortgage loans.

See also

• Bond
• CDO
• Collateralised Mortgage Obligation
• Covered bond
• Federal Home Loan Mortgage Corporation (FHLMC)
• Federal National Mortgage Association (FNMA)
• Government National Mortgage Association (GNMA)
• Interest
• Mortgage
• Principal
• RMBS
• Security