Mortgage-Backed Security. Security backed by a pool of mortgages, such as those issued by Ginnie Mae and Freddie Mac. also called mortgage-backed certificate.

Use MBS in a sentence

The investment into the MBS proved to be caustic, when the housing market went into a recession for several years.

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The pool of MBS were sufficiently diverse in the sense that the timing of the cash flows to be received were staggered in their nature.

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I was researching different formed of financial security for my home and I came by an article explaining that I could always enroll in a program that offered an MBS.

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MBS depository MBS pool number