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When you apply for a mortgage on the Homebuyer.com website, you're applying for a mortgage with Novus Home Mortgage, a division of Ixonia Bank NMLS 423065. Equal Housing Lender. Member FDIC. Novus Home Mortgage Office: 20225 Water Tower Blvd. Suite 400, Brookfield, WI 53045. 844-337-2548. VIDEO SUMMARY Mortgage-backed securities (MBS) are investment products based on groups of mortgage loans, which play a significant role in determining mortgage rates. READ MORE ON OUR WEBSITE https://homebuyer.com/learn/mortgage-... TIMESTAMPS 0:00 Mortgage-Backed Securities (MBS) Definition 0:19 About Homebuyer.com 0:43 MBS - The Driving Force Behind Mortgage Rates 1:27 The MBS Lifecycle 2:36 A Fannie Mae MBS Example 3:18 The Risk-Reward of Mortgage-Backed Securities IMPORTANT NOTICES AND DISCLOSURES Homebuyer.com is operated by Novus Home Mortgage, a division of Ixonia Bank, NMLS 423065, under license. View our license at www.nmlsconsumeraccess.org. The content in this advertisement is for informational purposes only. Growella is not licensed or registered to engage in mortgage loan origination activities for mortgage loans on 1-4 family residential properties located in New York. This YouTube channel is not available in Connecticut, New York, Washington, Hawaii, and Alaska. This website is not approved by the state of New York. This YouTube channel has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US Government agencies have not reviewed this information, and this site is not connected with any government agency. Visit https://homebuyer.com for current mortgage rates. All mortgage applicants are subject to credit and underwriting approval. Not all applicants will be approved for financing. The receipt of an application does not represent approval for financing or an interest rate guarantee. Restrictions may apply. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Homebuyer.com does not guarantee the quality, accuracy, completeness, or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Third parties may have provided some information in the publication, which has not necessarily verified by the YouTube channel operator. The channel operator, its affiliates, and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Happy Homebuying!