Examples of MBS in a sentence
IndyMac MBS, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein or in the Agreement (defined below).
MBS are securitized debts where the underlying assets are receivables arising from loans backed by mortgage of residential / commercial properties.
MBS are formed by pooling various types of mortgages while ABS are formed by pooling assets such as auto loans, credit card receivables or student loans.
MBS is an asset backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.
They are termed as Asset Backed Securities (ABS) or Mortgage Backed Securities (MBS).