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Merchants Bancorp (Merchants Bancorp) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Merchants Bancorp Mortgage Backed Securities (USD Mil) Historical Data

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



Merchants Bancorp  (NAS:MBINO.PFD) 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.


Merchants Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Merchants Bancorp (Merchants Bancorp) Business Description

Industry
Address
410 Monon Boulevard, Carmel, IN, USA, 46032
Merchants Bancorp is a United States based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.