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Glossary   >   M   >   "Mortgage-Backed Securities Clearing Corporation (MBSCC)" Definition            Mortgage-Backed Securities Clearing Corporation (MBSCC) A wholly owned subsidiary of the Midwest Stock Exchange that operates a clearing service for the comparison, netting, and margining of agency-guaranteed M.B.S.s transacted for forward delivery. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Mortgage-Backed Securities Clearing Corporation (MBSCC) - A wholly owned subsidiary of the Midwest Stock Exchange that operates a clearing service for the comparison, netting, and margining of agency-guaranteed M.B.S.s transacted for forward delivery.