Mortgage-backed securities clearing corporation (mbscc)

Mortgage-backed securities clearing corporation (mbscc),

Definition of Mortgage-backed securities clearing corporation (mbscc):

  1. An organization recognized by the Securities and Exchange Commission that verifies, clears and issues all mortgage-related transactions. This may include changes in post-trade comparisons, risk management or mortgage mix.

Meaning of Mortgage-backed securities clearing corporation (mbscc) & Mortgage-backed securities clearing corporation (mbscc) Definition