Mortgage-backed Securities definition

Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

Mortgage-backed Securities means FHLMC, GNMA or FNMA securities that are backed by Mortgage Loans.

Mortgage-backed Securities means investment securities representing any undivided interest or participation in or which are secured by, a pool of loans secured by mortgages or deeds of trust.

Examples of Mortgage-backed Securities in a sentence

• Mortgage-Backed Securities The Company’s portfolio of residential mortgage-backed securities (“MBS”) and commercial MBS are originated by both agencies and non-agencies, the majority of which are pass-through securities issued by U.S. government agencies.

• They are termed as Asset Backed Securities (ABS) or Mortgage-Backed Securities (MBS).

• In governmental bonds, notes, bills, mortgages, and other securities, which were direct obligations or are guaranteed or insured issues of the United States, its agencies, its instrumentalities, or organizations created by an act of Congress, excluding mortgage-backed securities defined as “high risk” (see Section M - Mortgage-Backed Securities); 2.

• Commercial Mortgage-Backed Securities Level 2 commercial mortgage-backed securities are evaluated using predicted cash flows, adjusted by an applicable spread/yield/price adjustment incorporating benchmark yields, collateral performance, third- party real estate analysis, and prevailing market conditions.

• Levitin, Rewriting Frankenstein Contracts: Workout Prohibitions in Residential Mortgage-Backed Securities, 82 S.

More Definitions of Mortgage-backed Securities

Mortgage-backed Securities information is currently available by clicking the "Bondholder Reporting" button and selecting the appropriate transaction. The location of such web page and the procedures used therein are subject to change from time to time at the Trustee's discretion. Upon request by any Certificateholder or Rating Agency or the Trustee, the Master Servicer shall forward to such Certificateholder or Rating Agency and the Trustee and the Company (if the Company is no longer acting as Master Servicer) an additional report which sets forth with respect to the Mortgage Loans:

Mortgage-backed Securities means GNMA Securities, Xxxxxxx Mac Securities and/or Xxxxxx Mae Securities, secured by pools of Mortgage Loans issued and acquired pursuant to the Program.

Mortgage-backed Securities means (1) Pass-Through Certificates, (2) CMOs and (3) REMICs.

Mortgage-backed Securities means securities issued by the Company or any Affiliate and guaranteed by GNMA or any successor, or securities issued by FNMA, FHLMC, or any successor, which are secured by pools of mortgages.

Mortgage-backed Securities means securities that are (A)(i) -------------------------- issued in accordance with guidelines established by GNMA, FNMA or FHLMC, (ii) guaranteed as to payment by GNMA, FNMA or FHLMC in accordance with the guidelines established by such entities and (iii) secured by a pool of Mortgage Loans originally included as Eligible Mortgage Loans hereunder, or which would have otherwise satisfied the requirements for Eligible Mortgage Loans if such Mortgage Loans had been pledged to the Security Agent pursuant to the terms of this Agreement and of the Warehouse Security Agreement, (B) subject to a Purchase Commitment and (C) issued in book-entry form.

Mortgage-backed Securities means FHLMC Certificates, FNMA Certificates or GNMA Certificates, but excluding zero-coupon securities.

Mortgage-backed Securities means, collectively, (i) the Asset Backed Notes issued by Mid-State Trust IV, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $322,357,000, (iii) the Asset Backed Notes issued by Mid-State Trust VI, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $148,366,000, (iv) the Asset Backed Notes issued by Mid-State Trust VII, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $167,525,000, (v) the Asset Backed Notes issued by Mid-State Trust VIII, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $214,994,000, (vi) the Asset Backed Notes issued by Mid-State Trust X, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $292,178,000, (vii) the Asset Backed Notes issued by Mid-State Trust XI, a Delaware business trust established by Mid-State Homes, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $257,086,000, and (viii) the Asset Backed Notes issued by Mid-State Capital Corporation 2004-1 Trust, a Delaware business trust established by Mid-State Capital, having an aggregate principal amount outstanding as of December 31, 2004 of approximately $374,347,000.