An anchored cardiovascular valve, comprising: a tubular expandable support member comprising remodelable decellularized extracellular matrix from a first mammalian tissue source, said ECM support member being capable of transitioning from a support member pre-deployment configuration, wherein said support member is capable of being positioned within a cardiovascular structure, to a support member post-deployment configuration, wherein said support member is disposed proximate host cardiovascular tissue of said cardiovascular structure, said ECM support member having a longitudinal axis, an outer surface, a lumen, an inlet portion and an outlet portion, said lumen defining a support member inner surface, said outlet portion defining an outlet in communication with said lumen, said outlet portion being outwardly reflected over and attached to said support member outer surface, wherein a first anchor pocket is formed therein, said inlet portion defining an inlet in communication with said lumen, said inlet portion being inwardly reflected within said ECM support member lumen and attached to said support member inner surface at a first attachment point, wherein a second anchor pocket is formed therein, and wherein a first valve leaflet is formed within said ECM support member lumen by said inlet portion of the ECM support member, said valve leaflet being sized and configured to selectively restrict fluid flow through said support member; first and second biodegradable expandable anchoring mechanisms, said anchoring mechanisms comprising reinforcing rings or bands, said first expandable anchoring mechanism being disposed in said first anchor pocket, and said a second expandable anchoring mechanism being disposed in said second anchor pocket, said first and second anchoring mechanisms being capable of transitioning from an anchoring mechanism pre-deployment configuration, wherein said ECM support member is configured in said support member pre-deployment configuration, to an anchoring mechanism post-deployment configuration, wherein said first and second biodegradable expandable anchoring mechanisms temporarily position said ECM support member proximate said host cardiovascular tissue of said cardiovascular structure and maintain contact therewith for an anchor support period of time within said process of new cardiovascular tissue regeneration. a tubular expandable support member comprising remodelable decellularized extracellular matrix from a first mammalian tissue source, said ECM support member being capable of transitioning from a support member pre-deployment configuration, wherein said support member is capable of being positioned within a cardiovascular structure, to a support member post-deployment configuration, wherein said support member is disposed proximate host cardiovascular tissue of said cardiovascular structure, said ECM support member having a longitudinal axis, an outer surface, a lumen, an inlet portion and an outlet portion, said lumen defining a support member inner surface, said outlet portion defining an outlet in communication with said lumen, said outlet portion being outwardly reflected over and attached to said support member outer surface, wherein a first anchor pocket is formed therein, said inlet portion defining an inlet in communication with said lumen, said inlet portion being inwardly reflected within said ECM support member lumen and attached to said support member inner surface at a first attachment point, wherein a second anchor pocket is formed therein, and wherein a first valve leaflet is formed within said ECM support member lumen by said inlet portion of the ECM support member, said valve leaflet being sized and configured to selectively restrict fluid flow through said support member; first and second biodegradable expandable anchoring mechanisms, said anchoring mechanisms comprising reinforcing rings or bands, said first expandable anchoring mechanism being disposed in said first anchor pocket, and said a second expandable anchoring mechanism being disposed in said second anchor pocket, said first and second anchoring mechanisms being capable of transitioning from an anchoring mechanism pre-deployment configuration, wherein said ECM support member is configured in said support member pre-deployment configuration, to an anchoring mechanism post-deployment configuration, wherein said first and second biodegradable expandable anchoring mechanisms temporarily position said ECM support member proximate said host cardiovascular tissue of said cardiovascular structure and maintain contact therewith for an anchor support period of time within said process of new cardiovascular tissue regeneration.