What are mortgage-backed bonds (MBBs)? How do MBBs differ from pass-through securities and CMOs?
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MBBs or covered bonds are bonds issued by FIs that have a block of assets usually mortgages se...View the full answer
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Related Book For 
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
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