RMBS

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(FINANCE) real estate mortgage backed securities; usually used to refer to the derivatives created by Fannie Mae and Freddie Mac that were used to create collateralized debt obligations CDO's.

Most economists seem to agree that the 2008 crisis was caused by the collapse of the real estate market, which was mainly caused by the toxic relationship between RMBS's and the CDO's created mostly with them.

For almost eighty years the RMBS business helped people buy homes, with few serious problems. Then Congress abolished Glass-Steagall, the banks merged and created CDO's, and total disaster followed.

And now our neighborhoods look awful as well.

RMBS by Abu Yahya April 5, 2010

Words you can keep

RMBS

An abbreviation for, “retarded Melissa bullshit syndrome.” Often used to describe an individual who behaves in an obscene manner and sees absolutely no issue with.

Girl: do you think it’s weird that my husband is upset me for hanging out with an ex boyfriend for the night? I think it’s weird!

Guy: no I don’t think it’s weird you might just have rmbs.

RMBS by Thedyingrepublic August 29, 2025

Related Words

rmb

Salad Days

green inexperienced youthful judgement and cold blooded execution of those judgements.

Rashness with little concern of consequence.

Antony and Cleopatra. William Shakespeare

"My salad days,
When I was green in judgment, cold in blood."

- William Shakespeare, Antony and Cleopatra, 1.5

"How did you end up in jail?"

"Salad days, 'nuf said."

Salad Days by GilbyRFC0 October 7, 2011

Word of the Day on August 28, 2026

age gate

An absolutely foolproof way to keep minors from viewing content deemed "too mature" for them to watch.

Billy: "So I was trying to watch some videos for an M rated game, and I ran into an age gate, so I put in my real birthday. SOMEHOW it managed to figure out that I am 12. CURSE YOU AGE GATE!!!"

Bill: "Fucking age gate! *quick scroll* THERE! I was born on January 1, 1904. Fuck you age gate."

age gate by Banja January 7, 2011

Word of the Day on August 27, 2026

board chow

A)
The Crud that collects under the keys in a keyboard. Usually more severe in the keyboards of programmers and webmasters as they tend to spend a lot of time at the the computer and thus eat at their desk. Mainly affecting IBM Model M (clicly) style boards.

B)
Can also be used to gross out Non-Techie people

A)
Bill: want to go to the club?
Bob: No, I've got to clean out my board chow, keys are starting to stick.

B)
Bill: Want to go out to get a bite?
Bob: No, i am just going to have some of my board chow/
Bill: Whats' that?
Bob: The food scraps that collect in my keyboard; Want some?
Bill: *GAG* *HURL* *GAG*

board chow by BinaryHackerMan September 3, 2007

Word of the Day on August 26, 2026

young pup

a young person, a young adult in their late teens/early 20s.

Ah, you're just a young pup at 23!

young pup by the dog May 30, 2006

Word of the Day on August 25, 2026

grebo

West Midlands slang word for rockers, bikers, greasers etc. In the late 1980s it was used by the UK music press to refer to a specific scene centered around the bands Pop Will Eat Itself and Crazyhead. The term never found favour with readers of 'the inkies' (Sounds, Melody Maker and the still extant NME) and was soon dropped. Now often used in predominantly working-class areas of the midlands and the north to mean someone who listens to rock-derived music and/or dresses in a manner that suggests they affiliate themselves with rock music of some kind.

Some grebo passed with Sabbath playing on his stereo.
The Poppies are at no. 17? God, a grebo band in the charts!
They're playing nu-metal now, bloody grebos!

grebo by cactuscat September 15, 2006

Word of the Day on August 24, 2026