residential mortgage-backed security
residential mortgage-backed security (RMBS)
USA
Debt security on which payments of principal and interest are made to the holders from revenue generated by an underlying pool of residential mortgage loans. The underlying residential mortgages are pledged to the holders of the securities as collateral for the payment by the issuer of principal and interest on the securities. Residential mortgage-backed securities are most commonly issued by a special purpose entity as part of a securitization or structured finance transaction.
See also
commercial mortgage-backed security (CMBS)

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Residential mortgage-backed security — Un residential mortgage backed security est une titrisation de crédits hypothécaires résidentiels. Les MBS sont des opérations de titrisation s appuyant sur les crédits assortis de garanties hypothécaires. Ces titres ont été les premiers à être… …   Wikipédia en Français

  • Residential mortgage-backed security — Residential mortgage backed securities (RMBS) are a type of bond commonly issued in American security markets. They are a type of Mortgage backed security which are backed by mortgages on residential rather than commercial real estate. Industry… …   Wikipedia

  • Residential Mortgage-Backed Security (RMBS) — A type of security whose cash flows come from residential debt such as mortgages, home equity loans and subprime mortgages. This is a type of mortgage backed securities that focuses on residential instead of commercial debt. Holders of an RMBS… …   Investment dictionary

  • Residential Mortgage Backed Securities — Residential mortgage backed security Un residential mortgage backed security est une titrisation de crédits hypothécaires résidentiels. Articles connexes Asset backed security Mortgage backed security Commercial mortgage backed securityCrataegus… …   Wikipédia en Français

  • Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

  • mortgage-backed security — ( MBS) or mortgage backed bond Securities composed of, or collateralized by, loans that are themselves collateralized by liens on real property. MBSs can be categorized into two major types. Pass through pools are mortgage backed bonds created by …   Financial and business terms

  • mortgage-backed security — A kind of investment backed by mortgage loans that have been packaged into pools in the secondary mortgage market. Payments on the mortgages generate the return on investment for the people who invest in these securities. Category: Bankruptcy,… …   Law dictionary

  • mortgage backed security — International mortgage backed securities, Also referred to as MBS. debt securities (debt security) (such as bonds or notes), which are issued by a special purpose vehicle in the course of a securitisation and …   Law dictionary

  • Mortgage Backed Security — Mortgage Backed Securities sind besicherte Anleihen, also durch Vermögenswerte gesicherte Wertpapiere, deren Bargeldflüsse durch die Zins und Tilgungszahlungen eines Pools von grundpfandrechtlich gesicherten Forderungen getragen werden. Im… …   Deutsch Wikipedia

  • Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

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