A mortgage-backed security (MBS) is an investment product that consists of thousands of individual mortgages. Investors can purchase MBSs on the secondary market and directly from the issuer.

President Trump wants to privatize Fannie Mae and Freddie Mac. A survey shows nearly half of investors expect it by 2028.

Also, according to Bloomberg data analyzing the total return of U.S. mutual funds that are labeled “investment-grade” ( PFIG) ...