First Internet Bancorp (FRA:45H) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is First Internet Bancorp 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 First Internet Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

First Internet Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for First Internet Bancorp's Mortgage Backed Securities (USD Mil) can be seen below:

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First Internet Bancorp Mortgage Backed Securities (USD Mil) Chart

First Internet Bancorp (FRA:45H) 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.

First Internet Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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First Internet Bancorp (FRA:45H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Internet Bancorp (FRA:45H) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

INBK:USA

Address

8701 E. 116th Street, Fishers, IN, USA, 46038

Website

https://www.firstinternetbancorp.com

First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.

First Internet Bancorp (FRA:45H) Headlines

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