Residential Mortgage-backed Security
Residential mortgage-backed securities (RMBS) are a type of bond commonly issued in American security markets. They are a type of mortgage-backed security which are backed by mortgages on residential rather than commercial real estate.
Read more about Residential Mortgage-backed Security: Origins, Expanding The Concept, Continued Growth and Lower Standards, Market Collapse, Continuing Evolution, See Also
Famous quotes containing the words residential and/or security:
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—Newt Gingrich (b. 1943)
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—Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 1, ch. 1 (1962)