A residential mortgage-backed security (RMBS) is a security that is collateralized by a pool of noncommercial, residential mortgage loans, making payments that are based on the performance of those loans.
Glossary Term
Glossary Term
A residential mortgage-backed security (RMBS) is a security that is collateralized by a pool of noncommercial, residential mortgage loans, making payments that are based on the performance of those loans.