Outrageously Funny Word Dictionary :: Mortgage backed securities

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What is the definition of mortgage backed securities? 🙋

👉 A mortgaged security is like a mortgage on your life — it's just for lending money, not real estate.


Example sentence: "She couldn't even imagine ever owning anything besides the house she lives in." This expression might be too risqué to be used in everyday conversation, but it does perfectly capture the essence of how mortgaged securities can seem like a way out of debt or just living paycheck-to-paycheck without any collateral.

https://goldloadingpage.com/word-dictionary/mortgage backed securities


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