PROOF THAT ALL LOANS ARE SECURITIZED BY MAJOR BANKS
SALE AND SESSION OF BOOK DEBTS: STANDARD BANK AND MBD LEGAL
Mortgage-backed Securities (MBS)
Mortgage-backed securities (MBS) are bonds that are secured by homes or real estate loans. They are created when a large number of such loans are pooled together (they could be as large as 10 million), and then the pool is sold to a government agency, debt collection agency or to a securities firm who will use it as collateral for another mortgage-backed security.
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