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Old Second Bancorp (FRA:OSB) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Old Second Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Old Second 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.
* 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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Old Second Bancorp Mortgage Backed Securities (USD Mil) Chart



Old Second Bancorp  (FRA:OSB) 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.


Old Second Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Old Second Bancorp (FRA:OSB) Business Description

Industry
Traded in Other Exchanges
Address
37 South River Street, Aurora, IL, USA, 60507
Old Second Bancorp Inc is a bank holding company. It provides consumer and commercial banking products such as demand, money market, savings, time deposit, individual retirement as well as commercial, industrial, consumer, and real estate lending, including installment loans, student loans, agricultural loans, lines of credit and overdraft checking, safe deposit operations, trust services, wealth management services, and additional services tailored to the needs of individual customers, corporates, small-medium enterprises. The company's revenue consists of interest, commission, payments, and other income.