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What is a RMBS?

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6th May 2010 by JonB

An RMBS, or Residential Mortgage Backed Security, is a security which is comprised of a pool of residential mortgages (as opposed to commercial mortgages). They can made up of simple 30 year fixed mortgages, home equity loans and second mortgages, and subprime mortgages.

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29th Apr 2010 In Real Estate 1 Answers | 30 Views
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