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Mortgage-Backed Securities Division
55 Water Street
New York, NY  10041-0004  United States

This is a Subsidiary, click here for the Parent Company

Business Summary
The Mortgage-Backed Securities Division ("MBSD") is a division of the Fixed Income Clearing Corporation ("FICC"), an operating subsidiary of The Depository Trust & Clearing Corporation. MBSD's approval as central counterparty and pool netting system were implemented opening of business on April 2, 2012. The implementation positioned MBSD to begin to guarantee transaction settlement. The pool netting system interposes FICC between MBSD Participants for eligible trades that have been pool netted.

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Tuesday, April 16, 2024