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Peapack Gladstone Financial (FRA:45V) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Peapack Gladstone Financial Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Peapack Gladstone Financial's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Peapack Gladstone Financial Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Peapack Gladstone Financial's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Peapack Gladstone Financial Mortgage Backed Securities (USD Mil) Chart



Peapack Gladstone Financial  (FRA:45V) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Peapack Gladstone Financial Mortgage Backed Securities (USD Mil) Related Terms

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Peapack Gladstone Financial (FRA:45V) Business Description

Traded in Other Exchanges
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.

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