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Mortgage Backed Securities Clearing Corporation (MBSCC) |
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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.Mortgage Backed Securities Clearing Corporation (MBSCC) Similar MatchesSecurity Industry Automated Corporation (SIAC)Security Industry Automated Corporation (SIAC)Entity that executes automated DOT orders. Domestic International Sales Corporation (DISC)Domestic International Sales Corporation (DISC)A US corporation that receives a tax incentive for export activities. Federal Deposit Insurance CorporationFederal Deposit Insurance CorporationIn the US, the federal agency that acts as guarantor for funds deposited in member banks. International Finance Corporation (IFC)International Finance Corporation (IFC)A corporation owned by the World Bank that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries. Edge corporationsEdge corporationsSpecialized banking institutions, authorized and chartered by the Federal Reserve Board of Governors in the U.S., that are allowed to engage in transactions of a foreign or international character. They are not subject to restrictions on interstate banking. Foreign banks operating in the US are permitted to organize and own an edge corporation. Further SuggestionsFederal Agricultural Mortgage Corporation (Farmer Mac)closely held corporation Options Clearing Corporation (OCC) Securities Industry Automation Corporation Pension Benefit Guaranty Corporation (PBGC) Foreign Sales Corporation National Association of Investors Corporation Federal Home Loan Mortgage Corporation (FHLMC) Pension Benefit Guaranty Corporation Eleemosynary Corporation Closed corporation Domestic International Sales Corporation Controlled foreign corporation (CFC) Incorporation Quasi public corporation Possessions corporation Domestic corporation National Securities Clearing Corporation (NSCC) Affiliated corporation Resolution Trust Corporation (RTC) Options Clearing Corporation Federal Deposit Insurance Corporation (fdic) Articles of incorporation Securities Investor Protection Corporation Section 352 of the Income and Corporation Taxes Act 1988 |
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