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Mortgage-backed securities (MSBS)
A type of asset-backed security that is secured by a mortgage or a pool of mortgages, must be grouped according to ratings of an accredited rating agency and typically make periodic payments that are similar to coupon payments.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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