mortgage- backed security
111collateralized debt obligations — collateralised debt obligations (CDO) International Structured finance instruments (being debt securities (debt security) in the form of bonds or notes) which are divided into several classes or tranches of varying size, credit rating and… …
112CDO — collateralised debt obligations (CDO) International Structured finance instruments (being debt securities (debt security) in the form of bonds or notes) which are divided into several classes or tranches of varying size, credit rating and… …
113Current Face — The current par value of a mortgage backed security (MBS). Current face is determined by multiplying the current pool factor by the mortgage backed security s original face value. A mortgage backed security s current face represents the… …
114RMBS — Residential mortgage backed security Un residential mortgage backed security est une titrisation de crédits hypothécaires résidentiels. Articles connexes Asset backed security Mortgage backed security Commercial mortgage backed securityCrataegus… …
115Bond duration — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
116RMBS — residential mortgage backed security (RMBS) USA Debt security on which payments of principal and interest are made to the holders from revenue generated by an underlying pool of residential mortgage loans. The underlying residential mortgages are …
117Current Coupon — The to be announced (TBA) mortgage security of any issue for the current delivery month that is trading closest to, but not exceeding par value. TBA mortgage securities with the current coupon are used as a benchmark throughout the industry to… …
118Credit-linked note — A credit linked note (CLN) is a form of funded credit derivative. It is structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay …
119Financial Crisis of 2008 — ▪ 2009 Introduction by Joel Havemann In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s. The contagion, which began in 2007 when sky high home prices in the United States finally turned… …
120Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
