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Cass Information Systems (STU:CC3) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Cass Information Systems Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Cass Information Systems'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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Cass Information Systems Mortgage Backed Securities (USD Mil) Chart



Cass Information Systems  (STU:CC3) 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.


Cass Information Systems Mortgage Backed Securities (USD Mil) Related Terms

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Cass Information Systems (STU:CC3) Business Description

Traded in Other Exchanges
Address
12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.

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