Cartoon Guy Holding Stack Of Books

Nuncupative Will

ABC Blocks

A kind of investment backed by mortgage loans that have been packaged into pools in the secondary mortgage market. payments on the mortgages generate the return on investment for the people who invest in these securities.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.