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A Mortgage-Backed Security (MBS) is a type of investment product in South Africa and globally. It’s a security asset backed by a collection of mortgages. Investors receive periodic payments based on the interest and principal payments made by homeowners on the underlying mortgages.
A practical guide to identifying and avoiding loan scams in South Africa, including the most common red flags, how to verify a lender, and what to do if you have been targeted.
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