Mortgaged Backed Securites

Posted by: admin  /  Category: Business & Finance, Finance, Real Estate

Mortgaged backed securities have been in the news quite a bit these past couple of years, and while they say that, ‘Any publicity is good publicity,’ for mortgage backed paper, this probably isn’t true. These securities have been making headlines because of the role that they played in the housing crisis that many fault for precipitating the entire financial crisis that ravaged the economy starting in late 2007. Before touching on why and how mortgage backed securities may or may not have played a part in our financial calamity, it is important to understand what these financial securities are, how they function, and if they are suitable for your investment portfolio.  Read more…