A debt security backed by mortgages as security for the payment of principal and interest. The notes are issued with a maturity date, a stated rate of interest and a par value that is fully payable upon maturity. One type of mortgage-backed note is a GNMA bond issued by the Government National Mortgage Association (Ginnie Mae) which is backed by the full faith and credit of the United States government.
Related information about mortgage-backed note:
- Mortgage-Backed Note Definition | Investopedia
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.
- Mortgage-backed Securities | Alison Frankel
Jul 3, 2012... of a securities class action stemming from 18 Merrill mortgage-backed note offerings. This agreement is the fourth MBS securities settlement, ...
- $315 ml Merrill deal shines light on damages in MBS litigation ...
Dec 6, 2011... Merrill Lynch has agreed to a $315 million settlement of a securities class action stemming from 18 Merrill mortgage-backed note offerings.
- 931 F2d 893 Schriemer v. Greenburg M M Pc | OpenJurist
The mortgage-backed note scheme occasionally operated as described in the Diamond/Obie offering circular. However, on many occasions, Diamond or Obie ...
- Information, Brown - Matt Weidner
mortgage-backed note. DocX also executed mortgage assignments, which purport to transfer the note's ownership interest. Mortgage assignments were typically ...
- Docx Llc | Matt Weidner - Fighting For The American People
Nov 20, 2012 ... mortgage-backed note. DocX also executed mortgage assignments, which purport to transfer the note's ownership interest. Mortgage ...
- What is Government National Mortgage Association? definition and ...
mortgage-backed note · federal agency bond · MBS depository · current production rate. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
- Hong Kong Monetary Authority - The Hong Kong Mortgage ...
Aug 1, 2011... Chief Executive Officer of DHB said "we are very pleased to be the pioneer bank under the HKMC's new Mortgage-Backed Note Programme.