What is the meaning of Mortgage Backed Security?

Mortgage Backed Security is a security, such as a bond, pass-through, CMO, or REMIC that derives its cash flows and market value from underlying Mortgage Backed Securities and/or Mortgage Bonds, Loans, and/or Notes.

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APABarry Goldsmith. (2010). mortgage backed security. Retrieved September 21, 2026, from http://smartdefine.org/mortgage_backed_security/definitions/1158463
ChicagoBarry Goldsmith. 2010. "mortgage backed security" http://smartdefine.org/mortgage_backed_security/definitions/1158463 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, mortgage backed security, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/mortgage_backed_security/definitions/1158463>.
MLABarry Goldsmith. "mortgage backed security" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/mortgage_backed_security/definitions/1158463>