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Euro mortgage |
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Euro mortgageA mortgage taken out by those paid in Euros to avoid the need to exchange currency.Euro mortgage Similar MatchesVariable rate mortgageVariable rate mortgageA mortgage where the interest rate is not fixed and which is dependent on influences such as interest rates on Treasury securities in the US or base rate in the UK. Mortgage Backed Securities Clearing Corporation (MBSCC)Mortgage Backed Securities Clearing Corporation (MBSCC)"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Federal National Mortgage AssociationFederal National Mortgage Association(Fannie Mae): A tax paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as conventional home mortgages. Commercial mortgageCommercial mortgageA mortgage on a non residential building occupied by a business. Collateralized mortgage obligation (CMO)Collateralized mortgage obligation (CMO)A security backed by a pool of pass-through rates , structured so that there are several classes of bondholders with varying maturities, called tranches. The principal payments from the underlying pool of pass-through securities are used to retire the bonds on a priority basis as specified in the prospectus. Related: mortgage pass-through security. Further SuggestionsJoint mortgageFull status mortgage Conventional mortgage mortgage indemnity mortgage backed security Flexible mortgage pension mortgage Stripped mortgage backed securities (SMBS) Second mortgage lending Standing mortgage mortgage life insurance interest only mortgage second mortgage Low start mortgage Wrap Around Mortgage Mortgage Adjustable rate mortgage (ARM) Mortgage pool Shared appreciation mortgage graduated payment mortgage Repayment mortgage senior mortgage bond Mortgage lien Secondary Mortgage Market Purchase money mortgage |
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