Skip navigation
Please use this identifier to cite or link to this item: http://hdl.handle.net/2451/26990
Title: Mortgage Backed Securities: Another Way to Finance Housing
Authors: White, Lawrence
Keywords: mortgage-backed securities;residential mortgages;housing finance;securitization
Issue Date: 11-Aug-2004
Series/Report no.: S-FI-04-05
Abstract: The introduction of mortgage-backed securities (MBS) as a channel for housing finance is a relatively recent event for the United States, having occurred less than three-and-a-half decades ago. This paper provides a brief overview of the MBS process in the U.S. The paper places the MBS process in the larger contexts of finance in general and housing finance in particular, discusses its special features and its advantages and disadvantages, addresses its special infrastructure requirements, and describes the historical and recent experiences in the U.S.
URI: http://hdl.handle.net/2451/26990
Appears in Collections:Financial Institutions

Files in This Item:
File Description SizeFormat 
S-FI-04-05.pdf405.06 kBAdobe PDFView/Open


Items in FDA are protected by copyright, with all rights reserved, unless otherwise indicated.