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Stripped Mortgage Backed Security

A mortgage backed security (MBS) that is stripped (split) into two components: principal only (PO) strips and interest only (IO)...

    SMBS

    An acronym for stripped mortgage backed security; a mortgage backed security (MBS) that is stripped (split) into two components: principal...

      Stripped MBS

      A mortgage backed security (MBS) that is stripped (split) into two components: principal only (PO) strips and interest only (IO)...