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Trustmark (FRA:TT4) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Trustmark Mortgage Backed Securities (USD Mil) Historical Data

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



Trustmark  (FRA:TT4) 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.


Trustmark Mortgage Backed Securities (USD Mil) Related Terms

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Trustmark (FRA:TT4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trustmark Corp (FRA:TT4) » Definitions » Mortgage Backed Securities (USD Mil)
Traded in Other Exchanges
Address
248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp with over $12 billion in assets and more than 200 branches, Trustmark provides banking, insurance, and wealth management services in Mississippi, Alabama, Memphis, Houston, and the Florida Panhandle. Roughly 65% of its loans are in Mississippi, 12% in Houston, 10% in Alabama, and the rest are split between Memphis and Florida. Around three-fourths of its revenue comes from general banking, while insurance and wealth management services combine for roughly 10%.

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