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Stripped mortgage-backed securities |
Also found in: Acronyms | 0.04 sec. |
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Stripped mortgage-backed securities (SMBS) Securities that redistribute the cash flows from the underlying generic MBS collateral into the principal and interest components of the MBS to enhance their attractiveness to different groups of investors. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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