Within the context of the housing market,what does MBS stand for?
A) Multi-Banking System
B) Mortgage Backed Security
C) Mortgage Bubble System
D) Mixed Bracket Securities

Question

Quizplus · Accepted Answer

MBS stands for Mortgage Backed Security, which is a type of investment that consists of bundles of mortgages, bought and sold on the secondary market. Investors can buy a portion of the mortgage-backed security, receiving a portion of the interest and principal payments made by the borrower.

Within the Context of the Housing Market,what Does MBS Stand