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Axos Financial (FRA:BB4) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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


Axos Financial Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Axos Financial'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.
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Axos Financial Mortgage Backed Securities (USD Mil) Chart



Axos Financial  (FRA:BB4) 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.


Axos Financial Mortgage Backed Securities (USD Mil) Related Terms

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Axos Financial (FRA:BB4) Business Description

Industry
Traded in Other Exchanges
Address
9205 West Russell Road, Suite 400, Las Vegas, NV, USA, 89148
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

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