.
What is a Mortgage Backed Security?
Mortgage Backed Security:
A security that is secured by a mortgage or a group of mortgages.

Investors who buy mortgage backed securities are essentially loaning their
money to home buyers or businesses with real estate as collateral for the
loan.

Fannie Mae and Freddie Mac offer mortgage backed securities. However,
they do not enjoy the full faith and credit of the U. S. government.

For that guarantee, you'll have to invest in Ginnie Maes.
______________________________________________________________________________
Search     Report a Problem with this Page     Site Map     Contact us

Privacy Policy     Terms of Use/Disclosure     SignalTrend Inc.  2008 - 2013, All Rights Reserved