Residential Mortgage-Backed Securities (RMBS) Law and Legal Definition
Residential Mortgage-Backed Securities (RMBS) are a type of bond commonly issued in American security markets. In RMBS, cash flows come from residential debt such as mortgages, home-equity loans and subprime mortgages. They are a type of mortgage-backed security which are backed by mortgages on residential rather than commercial real estate.
Legal Definition list
- Residential Mortgage-Backed Securities (RMBS)
- Residential Mortgage Transaction
- Residential Mortgage Loan
- Residential Mortgage
- Residential Loan Transaction
- Residential Property
- Residential Real Property
- Residential Rental Property
- Residential Solid Waste
- Residential Structure
- Residential Substance Abuse Treatment Program
