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Virginia National Bankshares (FRA:71F) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Virginia National Bankshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Virginia National Bankshares'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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Virginia National Bankshares Mortgage Backed Securities (USD Mil) Chart



Virginia National Bankshares  (FRA:71F) 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.


Virginia National Bankshares Mortgage Backed Securities (USD Mil) Related Terms

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Virginia National Bankshares (FRA:71F) Business Description

Traded in Other Exchanges
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.

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