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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
Average of Relatives Method We have seen the construction of an index number using the aggregates method. In this section, we shall see the construction of an index using the
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Valuation The process of finding out the current value of an asset or company is known as valuation. There are various techniques that can be utilized to find value, few are su
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