GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wells Fargo & Co (NYSE:WFCpQ.PFD) » Definitions » Mortgage Backed Securities (USD Mil)

Wells Fargo (Wells Fargo) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2013. Start your Free Trial

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


Wells Fargo Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Wells Fargo'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.

* Premium members only.

Wells Fargo Mortgage Backed Securities (USD Mil) Chart



Wells Fargo  (NYSE:WFCpQ.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.


Wells Fargo Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Wells Fargo's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Wells Fargo (Wells Fargo) Business Description

Industry
Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.