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- UVAstudent
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MBS and CMO
I am trying to understand MBS and would like to know what investors in MBS and CMO see at the time of purchase of these securities. For example, Fannie Mae has a MBS certificate. Is that all that an investor in the Fannie Mae MBS gets to see or does the investor get more information on the underlying mortgages. Similarly, how about a non-agency MBS or CMO, what information does the investor see. Any help would be greatly appreciated.