Mortgage-backed certificate

Security backed by a Pool of Mortgage, such as those issued by Ginnie Mae and Freddie Mac. also called mortgage-backed securities.

Related Terms: 7 Call, ECU, Ginnie Mae, Mortgage, Pool, SEC, Sue

Other Related Pages: Category: Stocks Starting With: M

Additional Related Terms: 10-K, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, All or any part, At call, All-risks coverage, Abstract of title, As is