MLchartDataset catalogue

Mortgage-backed security

Term · Law · MLC-T-LAW-003300

A type of asset-backed security that is secured by a pool of mortgage loans. Investors in these securities receive periodic payments derived from the principal and interest payments made by the homeowners on their mortgages. These financial instruments are created by securitization and are traded in secondary markets.

Table 1. Record
IdentifierMLC-T-LAW-003300
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003300",
  "term": "Mortgage-backed security",
  "field": "Law",
  "definition": "A type of asset-backed security that is secured by a pool of mortgage loans. Investors in these securities receive periodic payments derived from the principal and interest payments made by the homeowners on their mortgages. These financial instruments are created by securitization and are traded in secondary markets.",
  "url": "https://mlchart.com/terminology/law/mortgage-backed-security/"
}

Record 3,274 of 5,441 in Law terminology (MLC-0107). Request the full dataset.