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Southern States Bancshares (FRA:6U2) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Southern States Bancshares 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 Southern States Bancshares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Southern States Bancshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Southern States Bancshares's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southern States Bancshares Mortgage Backed Securities (USD Mil) Chart



Southern States Bancshares  (FRA:6U2) 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.


Southern States Bancshares Mortgage Backed Securities (USD Mil) Related Terms

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Southern States Bancshares (FRA:6U2) Business Description

Traded in Other Exchanges
Address
615 Quintard Avenue, Anniston, AL, USA, 36201
Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.

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