MBS definition

MBS means mortgage-backed securities.

MBS means a mortgage-backed security which is “backed” by an interest in the Notes and the Collateral Pool securing the Notes, which interest permits the holder of the MBS to participate in the Notes and the Collateral Pool to the extent of such Advance.

MBS means collateralized mortgage obligations and other mortgage-backed securities.

Examples of MBS in a sentence

• U.S. fixed-rate agency MBS are securities issued by entities such as the Government National Mortgage Association, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation and are backed by pools of mortgages.

• MBS Reserves the right to cancel a reservation for any reason at any time.

• The underlying index includes investment-grade U.S. Treasury bonds, government-related bonds, corporate bonds, mortgage- backed pass-through securities (MBS), commercial mortgage- backed securities (CMBS) and asset-backed securities (ABS) that are publicly offered for sale in the U.S. As of February 29, 2020, a significant portion of the underlying index is represented by MBS and treasury securities.

• If you do not receive the "Welcome Packet" before your check-in, please check your spam folder then contact MBS.

• Most transactions in fixed-rate MBS occur through standardized contracts for future delivery in which the exact mortgage pools to be delivered are not specified until a few days prior to settlement (to-be-announced (“TBA”) transactions).

More Definitions of MBS

MBS means mortgage backed securities, a security representing a direct interest in a pool of mortgage loans. The pass-through issuer or servicer collects the payments on the loans in the pool and “passes through” the principal and interest to the security holders on a pro rata basis.

MBS means, collectively, the Ginnie Mae Certificates, the Fannie Mae Certificates and the Freddie Mac Certificates. In the event that only a portion of or interest in an MBS is acquired under the Indenture, references herein to such MBS shall be interpreted and applied to relate to such portion or interest.

MBS means mortgage backed securities.

MBS means a mortgage pass-through security, collateralized mortgage obligation, REMIC or other security that (i) is based on and backed by an underlying pool of Mortgage Loans and (ii) provides for payment by its issuer to its holder of specified principal installments and/or a fixed or floating rate of interest on the unpaid balance and for all prepayments to be passed through to the holder, whether issued in certificated or book-entry form and whether or not issued, guaranteed, insured or bonded by Xxxxxx Xxx, Xxxxxx Xxx, Xxxxxxx Mac, an insurance company, a private issuer or any other investor.

MBS means a mortgage pass-through security, collateralized mortgage obligation, REMIC or other security that (a) is based on and backed by an underlying pool of Mortgage Loans and (b) provides for payment by its issuer to its holder of specified principal installments and/or a fixed or floating rate of interest on the unpaid balance and for prepayments to be passed through to the holder, whether issued in certificated or book-entry form and whether or not issued, guaranteed, insured or bonded by an Agency, an insurance company, a private issuer or any other Person.

MBS means Mortgage Backed Security.

MBS means a mortgage backed security guaranteed by Xxxxxx Xxx pursuant to the Xxxxxx Mae Contract.