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Lakeland Bancorp (FRA:LKL) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Lakeland Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Lakeland Bancorp'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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Lakeland Bancorp Mortgage Backed Securities (USD Mil) Chart



Lakeland Bancorp  (FRA:LKL) 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.


Lakeland Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Lakeland Bancorp (FRA:LKL) Business Description

Industry
Traded in Other Exchanges
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.

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