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Bankwell Financial Group (FRA:33W) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Bankwell Financial Group Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Bankwell Financial Group's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Bankwell Financial Group Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Bankwell Financial Group's Mortgage Backed Securities (USD Mil) can be seen below:

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Bankwell Financial Group Mortgage Backed Securities (USD Mil) Chart



Bankwell Financial Group  (FRA:33W) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security 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. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


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Bankwell Financial Group (FRA:33W) Business Description

Industry
Traded in Other Exchanges
Address
258 Elm Street, New Canaan, CT, USA, 06840
Bankwell Financial Group Inc is a bank holding company, engaged in providing financial products and services. It offers products related to commercial lending, retail lending, depository services, and others. The bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans to small and mid-sized businesses, and real estate construction and development loans. The retail lending products include residential mortgage loans, home equity lines of credit, and consumer installment loans. Its depository products include checking, savings, money market, certificates of deposit, noninterest-bearing demand, and time deposits.

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