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	<title>From the desk of Tom Caddoo &#187; MBS</title>
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		<title>What the heck is a Mortgage Backed Security?</title>
		<link>http://www.caddoo.com/2008/09/15/what-the-heck-is-a-mortgage-backed-security/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=what-the-heck-is-a-mortgage-backed-security</link>
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		<pubDate>Mon, 15 Sep 2008 11:45:24 +0000</pubDate>
		<dc:creator>tcaddoo</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[CDO]]></category>
		<category><![CDATA[Financial Securities]]></category>
		<category><![CDATA[MBS]]></category>
		<category><![CDATA[Wall Street]]></category>

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		<description><![CDATA[Before we talk about what a Mortgage Backed Security is one should understand what a security is in the financial world.  In finance, a security is a fungible, negotiable instrument that represents some value.  The notion of being fungible means that individual units of the underlying good or commodity are substitutable.  So, in the financial [...]]]></description>
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