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World Acceptance (MEX:WRLD) Mortgage Backed Securities (USD Mil)

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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 World Acceptance's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


World Acceptance Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for World Acceptance'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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World Acceptance  (MEX:WRLD) 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.


World Acceptance Mortgage Backed Securities (USD Mil) Related Terms

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World Acceptance (MEX:WRLD) Business Description

World Acceptance logo
Traded in Other Exchanges
Address
104 S. Main Street, Greenville, SC, USA, 29601
World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.

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