MBS

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Related to mortgage-backed security: Collateralized debt obligation, Credit Default Swaps, Residential Mortgage Backed Security

MBS

mobile broadband services

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The collapse of the mortgage-backed security market now started to pollute other financial products.

Anatomy of a breakdown: concerted government policy helped trigger the financial meltdown--and will almost certainly extend it

Answer--In most cases, the issuer of the mortgage-backed security, such as GNMA or FNMA, must continue to pay the full amount of principal and interest payments even though a mortgage may be in default.

Chapter 23 Asset-backed securities

For its first deal, in early 1994, the firm was the sole manager for a $500 million Federal National Mortgage Association mortgage-backed security, called a REMIC.

The tough get going

A privately issued, mortgage-backed security that meets certain criteria is considered either a direct or indirect holding of the underlying mortgage-related assets and is assigned to the same risk category as those assets (for example, the assets may be U.S.

Statement of Franklin D. Dreyer, Senior Vice President, Supervision and Regulation and Loans, Federal Reserve Bank of Chicago