1). Understanding Mortgage-Backed Securities By : Dan Lewis
The housing boom of the last seven years has been one of the biggest ever. Mortgage-backed securities are one reason for the torrid pace of real estate growth.
Understanding Mortgage-Backed Securities
A mortgage-backed security is essentially a bond. Investors purchase interests in the mortgage security and your monthly mortgage payment is the revenue earned from the security.
Article Related to: mortgage, mortgages, securities, ginnie mae, mortgage-backed securities, secondary mortgage market
