- underlying loans
- underlying loans UK US noun [plural] FINANCE► mortgages sold as investment products: »
Lower interest rates threatened to prompt more homeowners to refinance their underlying loans.
Financial and business terms. 2012.
Lower interest rates threatened to prompt more homeowners to refinance their underlying loans.
Financial and business terms. 2012.
Securitization — is a structured finance process, which involves pooling and repackaging of cash flow producing financial assets into securities that are then sold to investors. The name securitization is derived from the fact that the form of financial… … Wikipedia
Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
National Asset Management Agency — Agency overview Formed Late 2009 Jurisdiction Ireland … Wikipedia
loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you … Financial and business terms
Credit rating agency — Corporate finance … Wikipedia
asset-backed security — ( ABS) A debt security collateralized by assets. Created from the securitization of any loans other than mortgage loans. Securitized mortgage loans are called mortgage backed securities ( mortgage backed security) or collateralized mortgage… … Financial and business terms
Burnout — A period of slowing mortgage prepayment within a mortgage backed security (MBS). This usually occurs after the mortgages start to mature. When some percentage of the underlying loans fail to prepay after an interest rate cycle, this is known as… … Investment dictionary
Troubled Asset Relief Program — TARP redirects here. For other uses, see Tarp. This article is about the Treasury fund. For the legislative bill and subsequent law, see Public Law 110 343. For the legislative history and the events leading to the law, see Emergency Economic… … Wikipedia
Credit enhancement — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
collateralised loan obligations — (CLO) International Also referred to as CLO. Structured finance instruments (being debt securities (debt security) in the form of bonds or notes) which are backed, that is funded by and secured over, a portfolio of loans. See also … Law dictionary