Mortgage Backed Securities a type of asset backed security that is secured by a mortgage or collection of mortgages. These securities must also be grouped in one of the top two ratings as determined by an accredited credit rating agency, and usually pay periodic payments that are similar to coupon payments. Furthermore, the mortgage must have originated from a regulated and authorized financial institution. What is Mortgage, What does mean Mortgage, Insurance Guide, Insurance Glossary
Accident Only an insurance contract that provides coverage, singly or in combination, for death, dismemberment, disability, or hospital and medical care caused... more