housing bond

Housing bond

Bonds issued by a local housing authority to finance housing projects.

Mortgage-Backed Revenue Bond

A municipal bond that is issued in order to finance low-cost mortgages for residents of the municipality. The bonds are guaranteed by the payments made on these mortgages. In many ways, they are similar to mortgage-backed securities, but they are issued by a local government instead of private entity. A mortgage-backed revenue bond is also called a housing bond.

housing bond

See mortgage-backed revenue bond.

单词	housing bond
释义	housing bond Housing bond Bonds issued by a local housing authority to finance housing projects. Mortgage-Backed Revenue Bond A municipal bond that is issued in order to finance low-cost mortgages for residents of the municipality. The bonds are guaranteed by the payments made on these mortgages. In many ways, they are similar to mortgage-backed securities, but they are issued by a local government instead of private entity. A mortgage-backed revenue bond is also called a housing bond. housing bond See mortgage-backed revenue bond.
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