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PL MBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

Private-Label MBS

A type of mortgage-backed security (MBS) that is issued by private entities (not government agencies) to back and issue a...

PL Mortgage

It stands for private label mortgage; a type of mortgage (mortgage loan) that is used by private entities (not government...

Non-Agency MBS

A type of mortgage-backed security (MBS) that is issued by private entities (not government agencies) to back and issue a...

Private Label Mortgage

A type of mortgage (mortgage loan) that is used by private entities (not government agencies) to back and issue non-agency...

Non-Agency Mortgage

A type of mortgage (mortgage loan) that is used by private entities (not government agencies) to back and issue non-agency...

Agency Mortgage

A type of mortgage loans (mortgages) that constitute securitized residential mortgage loans guaranteed by a certain government agency. Such mortgages...

TBA MBS

It stands for to-be-announced mortgage backed security; a type of mortgage backed security (MBS) that denotes forward-settling of MBS trades...

SPV

An acronym for special purpose vehicle; an entity (legal entity) that is specially established to fulfill a certain narrow or...

Special Purpose Vehicle

An entity (legal entity) that is specially established to fulfill a certain narrow or temporary purpose, rather than to function...