# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Mortgage-backed Securities

 Similar investments to bonds, where units with five-year terms, for example, are backed by a share in a pool of home mortgages that are insured under the National Housing Act.

The securities or units pay interest and a part of the principal each month. They trade in the bond market at prices reflecting current interest rates.

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