Personal Finance & Investing : How Do Mortgage Backed Securities Work?

Mortgage backed securities are a way of packaging several different mortgages into one financial instrument and having the owners pay the loan to the investor. Learn more about mortgage backed securities, and how interest rates affect payment values, with insight from a futures and options floor trader in this free video on personal finance. Expert: Mark Griffith Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange). Filmmaker: Paul Volniansky

Comments

1. WOw this was put up the very year the economy and MBS went belly up!
2. More like how to convert a fixed some of money into mortgages that people stopped paying on and the Mortgage Backed Security went belly up.