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• MBS derived from mortgage loan pools assembled by entities other than GSEs or federal government agencies, such as private-sector finance companies. They do not carry an explicit or implicit government guarantee, and the private-label MBS investor bears the risk of losses on its investment.

  Federal Housing Finance Agency, Office of Inspector General - Cite This Source - This Definition
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  Cite Definition for Private-Label Mortgage-Backed Securities (Private-label MBS)

  American Psychological Association (APA)

  Private-Label Mortgage-Backed Securities (Private-label MBS). (n.d.). Federal Housing Finance Agency Glossary of Terms. Retrieved February 4, 2023, from website: http://www.expertglossary.com/definition/private-label-mortgage-backed-securities-private-label-mbs.

  Chicago Manual of Style (CMS)

  Private-Label Mortgage-Backed Securities (Private-label MBS). fhfaoig.gov. Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. http://www.expertglossary.com/definition/private-label-mortgage-backed-securities-private-label-mbs (accessed: February 4, 2023).

  Modern Language Association (MLA)

  "Private-Label Mortgage-Backed Securities (Private-label MBS)." Federal Housing Finance Agency Glossary of Terms. Federal Housing Finance Agency, Office of Inspector General. 4 February. 2023 http://www.expertglossary.com/definition/private-label-mortgage-backed-securities-private-label-mbs.

• Browse Related Terms: Conventional Conforming Mortgage Loans, Emergency Home Finance Act of 1970, Federal Housing Enterprises Financial Safety and Soundness Act of 1992, Federal National Mortgage Association Charter Act of 1954 (Charter Act), Government National Mortgage Association (Ginnie Mae), Government-Sponsored Enterprise (GSE), Housing and Urban Development Act, Implied Guarantee, Loan Type, Private-Label Mortgage-Backed Securities (Private-label MBS), Private-Label Mortgages, Senior Preferred Stock Purchase Agreement (PSPA)