HomeDefinitionsCompareDebt Mortgage Backed Securities Clearing Corporation (MBSCC)The financial definition for Mortgage Backed Securities Clearing Corporation (MBSCC):"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Similar MatchesAffiliated corporationAffiliated corporationA corporation that is an affiliate to the parent company. Alien corporationAlien corporationA company incorporated under the laws of a foreign country regardless of where the company conducts its operations. Articles of incorporationArticles of incorporationLegal document establishing a corporation and its structure and purpose. Further SuggestionsClearing corporationsClosed corporation Controlled foreign corporation (CFC) Corporation Domestic corporation Domestic International Sales Corporation (DISC) Edge Act corporation Click to compare definitions of Mortgage Backed Securities Clearing Corporation (MBSCC) Click to view definitions beginning mo |