Mortgage-Backed Revenue Bond

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Dictionary Says

Definition of 'Mortgage-Backed Revenue Bond'

A type of municipal agreement that pays holders based on revenues generated from real estate. Financial institutions also typically offer these bonds at relatively low interest rates. Proceeds are used to provide funds to these institutions, which in return use the funds to make low interest rate mortgage loans.

Municipalities would use such bonds to fund public construction projects, for example. Borrowers of these mortgages are responsible for interest and principal payments.

Investopedia Says

Investopedia explains 'Mortgage-Backed Revenue Bond'

Sometimes referred to as a housing bond, which is issued by a local housing authority. These bonds can either be short- or long-term, and are often used for construction of low- or middle-income housing or projects that help the community and the environment. Short-term bonds are typically sold as $5,000 denominations with a maturity that varies between 18 months to four years. Longer-term bonds are issued under federal agency contracts.

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'Mortgage-Backed Revenue Bond'

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    ... risk and intrigue of collateralized debt obligations (CDOs) and mortgage-backed
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  • CFA Level 1 Study Guide - Fixed Income Investments - Mortgage ...

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    ... 6.18 Revenue Recognition Effects on Cash Flows and ... Investments: 14.1 Introduction;
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  • Series 7 Study Guide - Debt Securities - Collateralized Mortgage ...

    http://www.investopedia.com/exam-guide/series-7/debt-securities/collateralized-mortgage-obligation.asp
    ... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 - 14: 13 ...
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  • Series 7 Study Guide - Debt Securities - Agency Bonds ...

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    ... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 - 14: 13. ...
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  • Series 7 Study Guide - Securities Transactions - Settlement Rules ...

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    ... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 - 14: 13. ... of
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  • Find Security In Covered Bonds

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    ... more on MBS, see The Risks Of Mortgage-Backed Securities.) In ... amount of collateral
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  • Evaluating Bond Funds: Keeping It Simple

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    ... their agency conflicts (ratings agency revenue comes from ... categories, look for a
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  • CFA Level 1 Study Guide - Fixed Income Investments - Asset-Backed ...

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    ... 6.18 Revenue Recognition Effects on Cash Flows and ... Investments: 14.1 Introduction;
    14.2 Bond Features; 14.3 ... 14.23 Mortgage-Backed Securities (MBS); 14.24 Federal ...

  • What's Going On With Muni Bonds? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/Whats-Going-On-With-Muni-Bonds.aspx
    ... as the collapse of the mortgage-backed bond market spread ... of GDP and over 200% of
    the state's revenue. ... between 50 and 100 municipal bond defaults, representing ...

  • CFA Level 1 Study Guide - Fixed Income Investments - Bond ...

    http://www.investopedia.com/exam-guide/cfa-level-1/fixed-income-investments/bond-valuation-basics.asp
    ... 6.18 Revenue Recognition Effects on Cash Flows and ... Investments: 14.1 Introduction;
    14.2 Bond Features; 14.3 ... 14.23 Mortgage-Backed Securities (MBS); 14.24 Federal ...

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