In which market would you find mortgage-backed securities?

Question

Quizplus · Accepted Answer

Mortgage-backed securities are a type of asset-backed security that are traded in the bond market. They are created when groups of mortgages are packaged together and sold to investors as a single security with a specified interest rate and a set of cash flows. This allows investors to invest in the underlying assets of mortgages without having to directly purchase the mortgages themselves, providing increased liquidity and diversification.

In Which Market Would You Find Mortgage-Backed Securities