MBS come off the balance sheet mostly through pass-through principal payments. When the underlying mortgages are paid off due to a sale of the home or a refi, or when regular mortgage payments are made, the principal portion is forwarded by the mortgage servicer (such as your bank) to the...
20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2014 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO ...