What is a mortgage-backed bond? Why do financial institutions issue MBBs?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:35 AM

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What is a mortgage-backed bond? Why do financial institutions issue MBBs?

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MBBs differ from passthrough and CMOs in two key dimensions First while passthrough and C...View the full answer

Financial Markets and Institutions

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