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SouthState (FRA:FJ5) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is SouthState 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 SouthState's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


SouthState Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for SouthState'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.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SouthState Mortgage Backed Securities (USD Mil) Chart



SouthState  (FRA:FJ5) 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.


SouthState Mortgage Backed Securities (USD Mil) Related Terms

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SouthState (FRA:FJ5) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SouthState Corp (FRA:FJ5) » Definitions » Mortgage Backed Securities (USD Mil)
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Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.

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