mortgage-backed security (MBS) is a security guaranteed by pools of mortgages and used to channel funds from securities markets to housing markets. Ginnie Mae has a popular MBS program recognized for its low risk and high yield. The Ginnie Mae MBS security is a pool of VA and FHA mortgages put together as a bond. Freddie Mac and Fannie Mae also have MBS programs. (See FHA, Fannie Mae, Freddie Mac, Ginnie Mae, VA loan).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). mortgage-backed security (MBS). Retrieved September 24, 2026, from http://smartdefine.org/mortgage-backed_security_(mbs)/definitions/1158541 |
| Chicago | Barry Goldsmith. 2010. "mortgage-backed security (MBS)" http://smartdefine.org/mortgage-backed_security_(mbs)/definitions/1158541 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, mortgage-backed security (MBS), Smart Define, viewed 24 September, 2026, <http://smartdefine.org/mortgage-backed_security_(mbs)/definitions/1158541>. |
| MLA | Barry Goldsmith. "mortgage-backed security (MBS)" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/mortgage-backed_security_(mbs)/definitions/1158541> |