http://fadyart.com/financeV4#MortgageBackedDebt
Class 'Mortgage backed debt'

owl:Class

Also called a Mortgage-Backed Security (MBS). Is a formal promise to repay a debt with as collateral a pool of mortgages. The underlying mortgages can be payed back in advance or curtailed. The monthly payments are variable.

http://fadyart.com/Finance/v3.04

http://fadyart.com/financialInstruments

Mortgage backed debt

Debt instrument