Mortgage-Backed Note

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Dictionary Says

Definition of 'Mortgage-Backed Note'

A type of promissory note that is associated with a particular mortgage loan. Mortgage-backed notes represent the legal promise to repay a mortgage loan. These notes specify the terms of the loan, including the amount of interest and principal that must be repaid. They also obligate the borrower to make the payments.
Investopedia Says

Investopedia explains 'Mortgage-Backed Note'

The terms of mortgage-backed notes determine the type of mortgage that they back. If a note has a fixed schedule of principal and interest payments, then the mortgage is a fixed-rate mortgage. If the note has a flexible interest rate, then the mortgage is an adjustable-rate mortgage.

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'Mortgage-Backed Note'

  • How Interest Rates Affect The Housing Market

    http://www.investopedia.com/articles/pf/07/mortgage_rate.asp
    ... This means the price of a mortgage-backed security backed by 30-year mortgages will
    move with the price of the US Treasury five-year note or the US Treasury 10 ...

  • Are mortgage-backed securities backed by any guarantees?

    http://www.investopedia.com/ask/answers/07/MBS-guarantee.asp
    ... Note that Fannie Mae's guarantee is based on its own corporate health, and ... Like Fannie
    Mae, Freddie Mac can issue and guarantee mortgage-backed securities, but ...

  • Asset-Backed Commercial Paper Carries High Risk

    http://www.investopedia.com/articles/bonds/08/commercial-paper.asp
    ... CP is that instead of being an unsecured promissory note representing an ... and 'AA'
    assets, which include an allocation to residential mortgage-backed securities ...

  • Behind The Scenes Of Your Mortgage

    http://www.investopedia.com/articles/pf/07/secondary_mortgage.asp
    ... monthly payment ends up with an investor as part of an mortgage-backed security
    (MBS ... One distinction to note is that banks and mortgage bankers use their own ...

  • Alternative Ways To Invest In Debt

    http://www.investopedia.com/articles/basics/11/alternative-debt-investments.asp
    ... through a mortgage, the seller would carry a note or mortgage ... Mortgage-Backed Securities
    Some investors may be justifiably reluctant to consider investing in ...

  • Mortgage Fraud: Understanding And Avoiding It

    http://www.investopedia.com/articles/mortgages-real-estate/10/how-mortgage-fraud-affects-markets.asp
    ... It is important to note here that fraud for profit can be committed ... A quick study
    of derivatives and mortgage-backed securities tells the stories of financial ...

  • Choose Closed-End Funds For Income

    http://stocks.investopedia.com/stock-analysis/2009/Choose-Closed-End-Funds-For-Income-BIF-TSI-PGP-WMT-BRK.A1002.aspx
    ... than 90% of the entire fund are devoted to these and other mortgage-backed securities ...
    56%) is invested in just two financial instruments: a FNMA 6% note and S&P ...

  • 4 Yields Worth The Risk

    http://stocks.investopedia.com/stock-analysis/2011/4-Yields-Worth-The-Risk-NLY-AGNC-BBEP-LINE0218.aspx
    ... the cash flows from oil and gas to be safer than those from mortgage backed securities ...
    Investors should note that both BBEP and LINE trade near 52-week highs as ...

  • The Biggest S&P Missteps - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/The-Biggest-SP-Missteps.aspx
    ... at RBS Securities Japan Ltd., said in an April 27 note to clients ... not force domestic
    investors to change their investment plans." Mortgage-Backed Securities In ...

  • Series 65 Study Guide - Cash Equivalents and Fixed Income ...

    http://www.investopedia.com/exam-guide/series-65/cash-equivalents-fixed/us-government-securities.asp
    ... Note that these adjustments will not cause the bondholder to receive ... Next:
    Mortgage-Backed Securities - MBS ยป. Tweet. Email Email. Print Print. Order Reprints ...

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