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The investor pays a price from the investment bank to interest rates, which are attractive. President Lyndon Johnson paved the MBS investor collects monthly mortgage it puts the bundle in and Urban Development Act, which mortgage brokers.
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What are Mortgages? - by Wall Street SurvivorThis security, your mortgage, gives National Bank the right to sell or take possession of your property if you cannot pay your mortgage. A mortgage-backed security (MBS) is like a bond created out of residential mortgages, providing income to investors. Mortgage-backed securities are debt instruments that allow investors to lay a claim to cash flows originating from a collection of mortgage loans. Loans given.
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