Pricing of Residential Mortgage-Backed SecuritiesCan someone explain "Pricing of Residential Mortgage-Backed Securities", in dumbed down terms?
I tried to do some reading, and understand that RMBS are like a bond...So are they selling some bonds to fund mortgages? Thanks for helping someone confused
https://homecapital2018corp.q4web.com/news/press-release-details/2022/Home-Capital-Announces-Pricing-of-Residential-Mortgage-Backed-Securities-Series-2022-1/default.aspx