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Carter Bankshares (FRA:6NH) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Carter Bankshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Carter Bankshares's Mortgage Backed Securities (USD Mil) can be seen below:

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Carter Bankshares Mortgage Backed Securities (USD Mil) Chart



Carter Bankshares  (FRA:6NH) 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.


Carter Bankshares Mortgage Backed Securities (USD Mil) Related Terms

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Carter Bankshares (FRA:6NH) Business Description

Industry
Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.

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