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A mortgage-backed security is a debt and a kind of security that is backed by a pool of mortgages or a credit support from another party to a transaction. The cash flow to the investors in terms of interest and repayment of principal is dependent on the cash flows from the mortgage. The pool of mortgages is held by a special purpose vehicle.
1. Mortgage Pass-through Securities
2. Mortgage-Backed Bonds
3. Stripped Mortgage-Backed Securities
4. Non-agency Mortgage Backed Securities
5. Commercial Mortgage-backed Securities (CMBS)
6. International Mortgage backed Securities
Q. What do you mean by Time value of money ? The concept of TVM refers to the fact that the money received today is different in its worth from the money receivable at some oth
Fraud and Society and Analytical Techniques: Fraud and Society - The effects and financial consequences of fraud in society including the individual, older people, financial
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