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Re: big-yank post# 352719

Thursday, 09/15/2016 8:35:31 AM

Thursday, September 15, 2016 8:35:31 AM

Post# of 796368
No, I think you are wrong. MBS is an asset backed security which puts it with the secured creditors group (your # 3). The asset is the the mortgage on the dwelling.

http://www.investopedia.com/terms/m/mbs.asp
http://www.finra.org/investors/mortgage-backed-securities
http://www.ssctech.com/eBriefings/eBriefingArticle/tabid/597/Default.aspx?A=59


Please provide proof of what you state.