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An asset-backed security (ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool ...
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A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages.
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III-6) or Schedule of Subscribers and Ginnie Mae Guaranty Agreement, form HUD. 11705H (Appendix III-28), that identifies the document custodian covered by this.
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