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Acronymfinder

What does SMBS stand for?

SMBS stands for Stripped Mortgage-backed Securities


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of SMBS

Other Resources:
We have 4 other definitions for SMBS in our Acronym Attic

Samples in periodicals archive:

The certificates are secured by collateral consisting of 6 different classes of REMIC and stripped mortgage-backed securities issued by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac).
The mortgage-related securities in which a Fund may invest include, without limitation, mortgage pass-through securities, collateralized mortgage obligations ("CMOs"), commercial or residential mortgage-backed securities, mortgage dollar rolls, CMO residuals, stripped mortgage-backed securities ("SMBSs") and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property.
The bonds are secured by collateral consisting of 29 different classes of multiclass REMIC and stripped mortgage-backed securities issued by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac).
The bonds are secured by collateral consisting of 22 different classes of multiclass REMIC and stripped mortgage-backed securities issued by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac).