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A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is 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.
MBS instruments are commonly referred to as "pass-through" certificates because the principal and interest of the underlying loans is "passed through" to investors; because of Ginnie Mae's financial backing, these MBS instruments are particularly attractive to investors and, like other Agency MBS instruments, are eligible to be traded in the ...
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The Motor Bus Society's magazine, Motor Coach Age (MCA) (ISSN 0739-117X), has been published since 1950.For one or two years prior to that, MBS circulated a simple mimeographed newsletter named Bus Ways, but this was replaced in January 1950 by Motor Coach Age, which included photographs.
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Mennonite Biblical Seminary (MBS), a General Conference Mennonite Church institution in Chicago, Illinois, was the second school that became part of AMBS. The General Conference Mennonites had a history of educating pastors and church leaders which started with Wadsworth Institute (1868–1878), then Halstead Seminary (1883) the forerunner of Bethel College and Witmarsum Theological Seminary ...
MBS is also one of the major stockholders of TBS Holdings, BS-TBS, RKB Mainichi Broadcasting, i-Television, TV-U Fukushima, Hiroshima Home Television, WOWOW., and FM802. In 2017, MBS restructured as a holding company, splitting the broadcasting division into a separate company until 2021, when MBS Radio was formed to take over MBS' radio business.
Mohammed bin Salman Al Saud (Arabic: محمد بن سلمان آل سعود, romanized: Muḥammad bin Salmān Āl Su‘ūd; born 31 August 1985), commonly known by his initials as MBS or MbS, is the de facto ruler of the Kingdom of Saudi Arabia, [1] formally serving as Crown Prince and Prime Minister.