Advertising

Smbs

• See Stripped Mortgage Backed Securities.

 
 Embedded terms in definition
 Mortgage backed securities
Mortgage
Securities
Stripped mortgage backed securities

<< Small ordinary stock dividend Smithsonian agreement >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Be wiser than other people, if you can, but do not tell them so. - Lord Chesterfield

Advertising



Copyright 2009-2018 GVC. All rights reserved.