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Investing Glossary:
Lehman Brothers Mortgage-Backed Securities Index
Copyright 2013,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Lehman Brothers Mortgage-Backed Securities Index
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| Definition: |
| A Benchmark index that includes 15- and 30-year fixed-rate securities backed by Mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA).
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