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Western New England Bancorp (FRA:489) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Western New England Bancorp Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Western New England Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Western New England Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Western New England Bancorp's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Western New England Bancorp Mortgage Backed Securities (USD Mil) Chart



Western New England Bancorp  (FRA:489) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Western New England Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Western New England Bancorp (FRA:489) Business Description

Traded in Other Exchanges
Address
141 Elm Street, Westfield, MA, USA, 01085
Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Western New England Bancorp (FRA:489) Headlines

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