Mortgage-backed securities are becoming more mainstream, with banks, insurers, and pension funds making the products key components of their portfolios, a new survey found.

Mortgage products "are standing alongside" corporate or government securities as popular investments, said Jeannette Rogers, research chief at Capital Access International, which released the survey this month. This was not the case five years earlier, when the Murray Hill, N.J., research firm found fewer investors holding smaller percentages of mortgage assets.

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